Question 3 (Marks: 30 1 3 Q.3.1 The following transactions for July 2020 were available for FC Traders. The Petty Cash (18) Vouchers start with the number PCV11 on the 1 Day Transaction Coffee and milk were bought from Daisy's Store for R180. Went to Checkers and purchased lever arch files for R120 and sugar for R40. Spent R300 buying diesel for the delivery vehicle. Paid casual Wages out of Petty Cash, R300. Bought a cake for a birthday for one of the staff members, R250. Paid for parking for one of the reps, R25. Paid for advertising, R150. 5 8 15 18 N 00 22 Required: Prepare the Petty Cash Journal for FC Traders for the year ended 31 July 2020 Use the below format by copying it into your answer Books: Doc Day Details Petty Refreshments Amount Fol Details Cash (12) Q.3.2 Mick Stores had the following transactions that took place during November 2021: 1) On the 8th of the month, the owner took inventory to the value of R800 for his own use. 2) A debtor of the business is liquidated and cannot settle their debt amounting to R650;this needs to be written off at the end of the month. 3) Deprecation of R700 needs to be provided for on equipment at the end of the month. Required: Prepare the General Journal Entries for the above transactions. Journal Narrations are not required (Marks: 10) Question 4 You are provided with the following information in the bank reconciliation process: Q.4.1 Dishonoured Cheque Q.4.2 Favourable Balance Q.4.3 Interest on Overdraft Q.4.4 EFT Payment Q.4.5 Cash Deposit Q.4.6 Direct Deposit Q.4.7 Debit Order Q.4.8 Interest Income Q.4.9 Overdraft Q.4.10 Unfavourable Balance Required: For each entry in the table above, indicate whether the entry would be a debit or credit on the bank statement (i.e., from the banks perspective)