Reference no: EM132598528

Question 1: How to draw an cash payment journal for January 2018 with the following transactions:

1. Aquired Lyton Industrials R18 000 and paid by cheque no. 201.

2. Bought a motor vehicle from Quest Motors R45 000 and paid by cheque no. 202

6. Withdrew R 1000 cheque no. 203 which will be used as float

7.Made a part payment to creditor Nelspot Brands of R22 000 and send cheque no. 204

14. Paid fortnight wages to the amount of R 3000 by withdrawing cheque no. 205

17. Bought office equipment from Lightweight Computers for R80 000 and paid by cheque no.206

20. A donation is made to Life Esidimeni by issuing cheque no.207 of R2 000

24. Issued cheque no 208 to NeoTel for a new mobile phone, R2 900

25. Paid Supequick for new batteries for delivery vehicles by cheque no.209, R 8000

26. Bought new photocopying machine, R3500 and paid by cheque issuing cheque no.210.

28. Bought products from Purity for R26 800 and paid by cheque no.211

31. Paid Telecoms by cheque no 212, R7600