The following transactions took place in August 2023 but have not yet been recorded. You are required to record the entries in the Cash Payments Journal of the company for August 2023. Please note: - Amounts include VAT at 15\%, where applicable. - Round off amounts to the nearest rand. Transactions during August 2023: 1. The owner contributed R 125500 as capital, consisting of cash of R50 000 and equipment worth R75 500 - receipt REC001 - on 1 August 2023. 2. Purchased a second-hand vehicle from a dealership for R30 000cash cheque 001 was issued on 3 August 2023. 3. Purchased stationery from Lolos-Mart for R5 000 - paid by cheque 002 - on 5 August 2023. 4. Cashed cheque 003 to pay wages, with an amount of R45 000 on 8 August 2023. Does not have V.A.T. F. Sold goods on credit to Mams Stores - invoice INV001 - on 15 August 6 Paid the telephone bill of R1 500 for their telephone account with cheque 004 on 12 August 2023. 7. Received R 18000 rent from the tenant - receipt REC002 - on 20 August 2023. Use the following format