The balance sheet of a business as at 01 January 20.15 included the following items: Transactions During the week ended 07 January 20.12 the following transactions took place: Inventories were sold for R165000 cash; these inventories had cost R120 000 Sold inventories for R345 000 on credit; these inventories had cost R255000 Received cash from debtors totalling R270 000 The owners introduced R1 500000 cash into the business Ten computers were purchased on credit, R150 000 Bought inventories on credit for R210 000 Paid creditors a total amount of R195000 in settlement of accounts The balance sheet of a business as at 01 January 20.15 included the following items: Transactions During the week ended 07 January 20.12 the following transactions took place: Inventories were sold for R165000 cash; these inventories had cost R120 000 Sold inventories for R345 000 on credit; these inventories had cost R255000 Received cash from debtors totalling R270 000 The owners introduced R1 500000 cash into the business Ten computers were purchased on credit, R150 000 Bought inventories on credit for R210 000 Paid creditors a total amount of R195000 in settlement of accounts