The following are the transactions for July 2015 for Malema (Proprietary) Ltd. The amounts are stated inclusive of Value Added Tax (VAT) where applicable.

P

REVENUE

Commission receivable invoiced to non-residents 76,244

Commission receivable invoiced to residents 138,895

Residential rent received 5,000

Proceeds on sale of furniture 16,500

Interest received 96,828

Fees receivable invoiced to residents 202,708

Credit notes received from suppliers 5,148

Settlement discount received 2,398

Proceeds on sale of saloon car 28,000

Office rent received 23,650

Insurance recovery 46,398

EXPENDITURE

Sundry office expenditure 18,425

Interest paid 53,784

Salaries 105,839

Capital expenditure 220,000

Required:

(a) Categorise the above revenue transactions into the following categories and state the output taxable amount and the tax charged on them:

(i) Exempt supplies

(ii) Zero-rated supplies

(iii) Standard Supplies