Te Dusness Seis war te pendio Sek Menu to account for their inventory. The following accounts appeared in the General ledger on 28 February 2021: Capital 297 920 Drawings 36 000 Land and buildings 195 000 Equipment 72 000 Accumulated depreciation on equipment 44 838 Delivery vehicle 63 700 Accumulated depreciation on delivery vehicle 1 062 Loan: Logo Bank at 12% 30 000 Investment at Lotto Ltd 10 000 Debtors control 22 050 Allowance for credit loss 1 000 Creditors control 11 810 Bank overdraft 7 460 Opening inventory (01 March 2020) 33 500 Petty Cash 4 000 Stationery 1 onn Sales Purchases Sales returns Credit losses Carriage on purchases 2 400 Rent income 8 125 Repairs 2 780 Interest on overdraft 315 General expenses 38 085 Salaries 11 500 Interest on loan 3 000 1/2 Adjustments and other information to still take into consideration: 1. Carriage on purchases, R1 330, was still outstanding at year end. 2. Rent income includes rent received for March 2021. . 3. General expenses of R770 were paid in advance. 4. No entries had been made for a returned item R 1 800. The item had a factory fault and was returned by a debtor. 5. Repairs to the roof costing R4 000 had been incorrectly debited to Land and buildings. 6. A debtor, who owed R500, had disappeared and must be written off as irrecoverable. 7. A receipt for R310 had been issued. Further investigation revealed that this amount was received from S Thembi, whose debt had previously been written off as a credit loss. 8. With the current economic situation, the allowance for credit loss must be adjusted to R1750. 9 9. The year-end inventory count totalled R33 500 at cost price (including the goods returned in no.4). Equipment is depreciated at 20% p.a. on cost. 10. 11. The delivery vehicle was purchased on 1 February 2020 and must be depreciated at 20% p.a. on the diminishing balance. 12 Interest on loan is not paid in full and must be adjusted. The interest rate on the Lotto Investment, made on 1 September 2020 was at 10%. 13. 15. Stationery to the value of R350 is still on hand at year end. REQUIRED: Te Dusness Seis war te pendio Sek Menu to account for their inventory. The following accounts appeared in the General ledger on 28 February 2021: Capital 297 920 Drawings 36 000 Land and buildings 195 000 Equipment 72 000 Accumulated depreciation on equipment 44 838 Delivery vehicle 63 700 Accumulated depreciation on delivery vehicle 1 062 Loan: Logo Bank at 12% 30 000 Investment at Lotto Ltd 10 000 Debtors control 22 050 Allowance for credit loss 1 000 Creditors control 11 810 Bank overdraft 7 460 Opening inventory (01 March 2020) 33 500 Petty Cash 4 000 Stationery 1 onn Sales Purchases Sales returns Credit losses Carriage on purchases 2 400 Rent income 8 125 Repairs 2 780 Interest on overdraft 315 General expenses 38 085 Salaries 11 500 Interest on loan 3 000 1/2 Adjustments and other information to still take into consideration: 1. Carriage on purchases, R1 330, was still outstanding at year end. 2. Rent income includes rent received for March 2021. . 3. General expenses of R770 were paid in advance. 4. No entries had been made for a returned item R 1 800. The item had a factory fault and was returned by a debtor. 5. Repairs to the roof costing R4 000 had been incorrectly debited to Land and buildings. 6. A debtor, who owed R500, had disappeared and must be written off as irrecoverable. 7. A receipt for R310 had been issued. Further investigation revealed that this amount was received from S Thembi, whose debt had previously been written off as a credit loss. 8. With the current economic situation, the allowance for credit loss must be adjusted to R1750. 9 9. The year-end inventory count totalled R33 500 at cost price (including the goods returned in no.4). Equipment is depreciated at 20% p.a. on cost. 10. 11. The delivery vehicle was purchased on 1 February 2020 and must be depreciated at 20% p.a. on the diminishing balance. 12 Interest on loan is not paid in full and must be adjusted. The interest rate on the Lotto Investment, made on 1 September 2020 was at 10%. 13. 15. Stationery to the value of R350 is still on hand at year end. REQUIRED