This accounting problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.

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Answer
R24400
Step 1: Calculate the total amount for Wages. The table shows Wages as R70 5 4.
Step 2: Calculate A, the total expenses for July. A is the sum of all expenditure items: Stock, Wages, New fridge, and New microwave. The total expenses for July are .
Step 3: Determine how many people received wages. From the table, the calculation for Wages is R70 5 4. Given that there were 4 weeks in July, the ' 4' represents the number of weeks. The 'R70' represents the wage per person per week. Therefore, the ' 5' must represent the number of people who received wages. Thus, 5 people received wages. The number of people who received wages is .
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Calculate the total amount for Wages. The table shows Wages as R70 × 5 × 4.
This accounting problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.