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The following transactions appeared in the books of Travelling Bookstore for January 20.3. They sell books, magazines and stationery. They make use of the periodic
The following transactions appeared in the books of Travelling Bookstore for January 20.3. They sell books, magazines and stationery. They make use of the periodic inventory system. Ignore any VAT implications. Information: 20.3 January 1 The owner, B Moloi, transferred his small delivery van worth R250 000 to Travelling Bookstore as an additional capital contribution. 5 Bought merchandise on credit from Readers Wholesalers, R15 525, less 10% trade discount. 12 Made an EFT to pay Naidoo Traders R12 000 less 5% discount. 15 Sales by credit card, R32 000. 18 The owner draw cash for private use, R2 000. 20 Received a direct payment of R6 000 from P Sithole in full settlement of his account of R6 400. Analyse the transactions of Travelling Bookstore in the given table. Instructions: Drag the correct answer into the correct space. An option can be used more than once. If an option has been provided and it is not applicable to the specific question, please put N/A in the account column and a 0 in the amount column
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