Prepare a cash receipts journal for October 2025, showing all transactions and calculating cost of sales assuming a 100% mark-up on cost.

3.1 Cash Receipts Journal for October 2025

Day	Doc No.	Details	Fol.	Bank (Dr)	Sales (Cr)	Cost of Sales (Dr)	Sundry Accounts (Cr)	Sundry Accounts (Cr)
							Amount	Details
01	001	B. Bold (Capital)		R 300 000			R 300 000	Capital
02		Cash Sales		R 6 700	R 6 700	R 3 350
05	002	L. Lekalakala (Rent)		R 1 200			R 1 200	Rent Income
08		Cash Sales		R 8 600	R 8 600	R 4 300
27		Cash Sales		R 4 400	R 4 400	R 2 200

Calculations for Cost of Sales (Mark-up is 100% on Cost, so Cost = Sales / 2):

• Day 02: R $6\,700 / 2 = \text{R } 3\,350$
• Day 08: R $8\,600 / 2 = \text{R } 4\,300$
• Day 27: R $4\,400 / 2 = \text{R } 2\,200$