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The sole proprietorship is a registered VAT vendor. Mr Peter De Zorzi is the owner of Zorzi and trades as a sole trader. Zorzi is

The sole proprietorship is a registered VAT vendor.
Mr Peter De Zorzi is the owner of Zorzi and trades as a sole trader. Zorzi is a sma business that sells wireless earphones. Zorzi's year end is 30 June.
The accountant of Zorzi went on leave on 31 May 208 and Peter De Zorzi has approached you to help him with specific tasks relating to VAT transactions that tc place during June 208.
On 31 May 208, the VAT control account had a debit balance of R10500 made of input VAT receivable of R17500 and output VAT payable of R7000.
The following transactions relate to June 208 :
On 1 June 208 it was discovered that a purchase of wireless earphones whict cost R45000(excluding VAT) was incorrectly recorded at an amount of R54000(excluding VAT). The VAT entry was also incorrectly recorded. The wireless earphones were bought on credit from Thrifty Suppliers on 31 May 208.
On 5 June 208, purchased wireless earphones for R34500 from Jane's Suppliers for cash.
On 15 June 208, sold wireless earphones for R37950 on credit to a debtor wi is not registered for VAT. The cost price was R25300.
On 20 June 208, paid R3795 in cash relating to advertising in a local newspaper.
On 28 June 208 Zorzi ordered wireless earphones at a cost of R57500 from Technology Suppliers (non-VAT vendor) and paid a 20% deposit on the same dat the balance is payable on 10 July 208.
Zorzi paid transport costs of R1725 for delivery of the earphones to their premi on 30 June 208 from Technology Suppliers.
On 29 June 208 Peter sold wireless earphones for cash of R345. The cost pri was R300(excluding VAT).
Zorzi sold earphones for cash of R69000 to customers at a discount of 10%. T cost of these earphones amounted to R46000.
On 30 June 208. Zorzi recognised R1380 of bank charges on its current account.
You are required to:
\table[[Nr,\table[[Record the above entries in the general journal of Zorzi.],[Narrations are required]],38 marks],[a,\table[[Prepare the input VAT receivable and output VAT],[payable general ledger accounts for the month of June],[20x8.]],15 marks],[b,\table[[Marks]],]]
Correct contra-accounts should be shown.
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