Prepare the Cash Receipts Journal for Lottering Salon for February 2020, including explanations for each entry.

Here is the completed Cash Receipts Journal for Lottering Salon for February 2020:

$$\begin{array}{|c|c|l|c|c|c|c|c|l|} \hline \textbf{Doc No} & \textbf{Day} & \textbf{Details} & \textbf{Fol} & \textbf{Analysis of Receipts} & \textbf{Bank} & \textbf{Current income} & \textbf{Sundry Accounts Amount} & \textbf{Sundry Accounts Details} \\ \hline 01 & 2 & \text{Ms Lottering} & & 50\,000 & 50\,000 & & 50\,000 & \text{Capital} \\ \hline & 5 & \text{Service fees} & & 6\,240 & 6\,240 & 6\,240 & & \\ \hline 02 & 10 & \text{Mr Leo (Rent Income)} & & 2\,100 & 2\,100 & 2\,100 & & \\ \hline \text{CRR 2} & 20 & \text{Service fees} & & 3\,200 & 3\,200 & 3\,200 & & \\ \hline 03 & 25 & \text{Hannon (Commission Inc)} & & 2\,110 & 2\,110 & 2\,110 & & \\ \hline \text{CRR} & 28 & \text{Service fees} & & 5\,870 & 5\,870 & 5\,870 & & \\ \hline 04 & 28 & \text{S. Heunis (Rent Income)} & & 1\,500 & 1\,500 & 1\,500 & & \\ \hline 05 & 30 & \text{Ms Lottering (Capital)} & & 30\,000 & 30\,000 & & 30\,000 & \text{Capital} \\ \hline \textbf{Total} & & & & \textbf{101\,020} & \textbf{101\,020} & \textbf{21\,020} & \textbf{80\,000} & \\ \hline \end{array}$$

Explanation of entries:

• Day 2: Owner's initial capital contribution. This increases capital, so it's recorded under Sundry Accounts.
• Day 5, 20, 28 (Service fees): Cash received for services rendered is a current income.
• Day 10, 28 (Rent Income): Cash received from a tenant is rent income, which is a current income.
• Day 25: Cash received for commission is commission income,