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Question 4Study the scenario below and answer the questions that follow.Eco BruEco Bru purchases organic...

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Accounting

Question 4
Study the scenario below and answer the questions that follow.
Eco Bru
Eco Bru purchases organic coffee in bulk for re-sale. The supplier is Peacock Tea \& Coffee (Peacock). ?The coffee is purchased from Peacock at an agreed price of R70 ?per bag and is sold to their customers at a mark-up percentage of \( 30 \% \) ?on cost. ?The small business is not a registered VAT vendor and uses the perpetual inventory system.
The following transactions occurred during August 2022:
Required:
Analyse the transactions using the following table.
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