Question 3 Maathari started a business called Maathari cooking school on 1 march 2021. Required: 3.1 Record the following transaction in the cash receipt journal for March 2021.Close off the journals at the end of the month. 3.2 Record the following transaction in the cash payment journal for March 2021.Close off the journals at the end of the month Transactions : March 2021.
2 pay the maruleng municipality R700 by EFT 001 for the water and electricity. 3 the owner , Maathari deposited R10 000 into the business bank account as contribution issued receipt 142. 5 pay mtn by EFT002 for the monthly telephone account ,R3210. 7 EFT 003 payment for R5000, which was for wages R2800 and the rest was for Maathari personal use. 9 Cash received for services rendered ,R6200. 11 bought equipment from enable stores , paid by EFT R2500. 13 cash received for services rendered R9500. 15 The bank statement that R400 interested had been received on the current account A tenant thabo mokgahla has paid R3500 for rent income .A receipt was issued. 17 EFT payment to ShopRite store to pay for the following: . Cooking ingredients, R5000 . Stationery ,R600 19 Received a cash refund for unwanted stationery from tumelo stationers for R500. 21 bought a new vehicle from Ford company costing R70 000 by EFT 24 Services rendered ,R2560. 27 paid wages R2100 by EFT.​