Enter the following transactions into the Cash Receipts Journal and the Cash Payment Journal of Ms H Molla who started her own organic shampoo and hairdresser shop, Organo Hair, for the month ended February 224.

The Cash Receipts Journal records all cash inflows into the business.

$$\begin{array}{|l|l|l|r|r|r|l|l|r|} \hline \textbf{Date} & \textbf{Doc No.} & \textbf{Details} & \textbf{Analysis of Receipts (R)} & \textbf{Bank (R)} & \textbf{Current Income (R)} & \textbf{Sundry Account (Details)} & \textbf{Sundry Account (Folio)} & \textbf{Sundry Account (Amount) (R)} \\ \hline \text{Feb 1} & \text{01} & \text{H Moolla (Capital)} & 150\,000 & 150\,000 & & \text{Capital} & & 150\,000 \\ \text{Feb 8} & \text{CRR} & \text{Services Rendered} & 4\,000 & 4\,000 & 4\,000 & & & \\ \text{Feb 8} & \text{CRR} & \text{D Steyn (Services)} & 1\,200 & 1\,200 & 1\,200 & & & \\ \text{Feb 14} & \text{CRR} & \text{Services Rendered} & 9\,000 & 9\,000 & 9\,000 & & & \\ \text{Feb 14} & \text{Receipt} & \text{H Moolla (Capital)} & 50\,000 & 50\,000 & & \text{Capital} & & 50\,000 \\ \text{Feb 21} & \text{CRR} & \text{Services Rendered} & 5\,500 & 5\,500 & 5\,500 & & & \\ \hline \textbf{Total} & & & \textbf{219\,700} & \textbf{219\,700} & \textbf{19\,700} & & & \textbf{200\,000} \\ \hline \end{array}$$

The total of the Bank column must equal the sum of the Current Income and Sundry Account (Amount) columns.

$$\text{Bank Total} = \text{Current Income Total} + \text{Sundry Account (Amount) Total} \\ 219\,700 = 19\,700 + 200\,000 \\ 219\,700 = 219\,700$$

The CRJ balances.

The Cash Payments Journal records all cash outflows from the business.

$$\begin{array}{|l|l|l|r|r|r|r|l|l|r|} \hline \textbf{Date} & \textbf{Doc No.} & \textbf{Details} & \textbf{Bank (R)} & \textbf{Stationery (R)} & \textbf{Materials (R)} & \textbf{Wages (R)} & \textbf{Sundry Account (Details)} & \textbf{Sundry Account (Folio)} & \textbf{Sundry Account (Amount) (R)} \\ \hline \text{Feb 1} & \text{EFT} & \text{Mr Hunter (Rent)} & 15\,000 & & & & \text{Rent Expense} & & 15\,000 \\ \text{Feb 1} & \text{EFT} & \text{SAEequipment (Materials)} & 12\,000 & & 12\,000 & & & & \\ \text{Feb 11} & \text{EFT} & \text{Gary's Stationers (Stat.)} & 800 & 800 & & & & & \\ \text{Feb 11} & \text{EFT} & \text{B Els (Repairs)} & 2\,000 & & & & \text{Repairs Expense} & & 2\,000 \\ \text{Feb 11} & \text{Debit Card} & \text{ES Hardware (Materials)} & 9\,000 & & 9\,000 & & & & \\ \text{Feb 15} & \text{Cash} & \text{Wages} & 15\,000 & & & 15\,000 & & & \\ \text{Feb 21} & \text{Credit Card} & \text{W Parnell (Materials)} & 2\,000 & & 2\,000 & & & & \\ \text{Feb 28} & \text{EFT} & \text{J Strauss (Salary)} & 16\,000 & & & & \text{Salaries Expense} & & 16\,000 \\ \text{Feb 28} & \text{EFT} & \text{Wages} & 15\,000 & & & 15\,000 & & & \\ \hline \textbf{Total} & & & \textbf{86\,800} & \textbf{800} & \textbf{23\,000} & \textbf{30\,000} & & & \textbf{33\,000} \\ \hline \end{array}$$

The total of the Bank column must equal the sum of the Stationery, Materials, Wages, and Sundry Account (Amount) columns.

$$\text{Bank Total} = \text{Stationery Total} + \text{Materials Total} + \text{Wages Total} + \text{Sundry Account (Amount) Total} \\ 86\,800 = 800 + 23\,000 + 30\,000 + 33\,000 \\ 86\,800 = 86\,800$$

The CPJ balances.

The completed Cash Receipts Journal and Cash Payments Journal are shown above, with all columns balanced.
Journals completed and balanced.