The following transaction relates to the accounting records of SA Attorneys for March 2022. The legal practice is registered as a VAT vendor. On 24 March 2022, SA Attorneys paid the Sheriff with a business cheque of R115, for the delivery of a summons to A South. The entry on 24 March 2022 in a book of first entry will be:Select one:a.Sheriffs’ journalDateDetailsDrRCrR24Client – A SouthVAT inputSheriff10015  115 Dr – Clients control account115 b.Sheriffs’ journalDateDetailsDrRCrR24Client – A SouthSheriff115  115 Dr – Clients control account115 c.Business cash payments journal of SA AttorneysDateDetailsFol.SundriesRVATRBankR24Sheriff’s fee (client) 10015115d.Business cash payments journal of SA AttorneysDateDetailsFol.SundriesRVATRBankR24Sheriff’s fee (client) 11

The following balances were obtained from the accounting records of SA Attorneys on 1 February 2022: ClientTrust creditorsaccountRClients account RA South2 000 Cr4 000 DrS Africa7 000 Cr3 000 Dr 9 000 Cr7 000 Dr The following transactions took place and were accounted for on 28 February 2022:  Client Trust receipts bankRFees charged at the end of the dayRA South5 0003 800S Africa04 600 5 0008 400 A pro-forma invoice was issued on 15 February 2022 to A South for R5 000. A South immediately paid the amount into the account of SA Attorneys.What will be the amount that must be transferred to the business bank account from the trust bank account from S Africa after all obligations to S Africa were met in full on 28 February 2022?Select one:a.R7 000b.R0 because an amount of R2 400 should be transferred to the clients account of S Africac.R3 000d.R3 800

The following information was obtained from the accounting records of SA Attorneys:On 1 April 2022, A South, a client of the practice, paid in an amount of R100 000. The money was to be kept in trust to the benefit of A South to be used by him to purchase a business.What will be the journal entry in the accounting records of SA Attorneys to account for the transaction? Select one:a.General journalDateAccountsDebitRCreditR1 AprilTrust bank account100 000     A South /Trust creditor control 100 000b.Trust journalDateAccountsDebitRCreditR1 AprilTrust bank account100 000    A South /Trust creditor control 100 000c.Business cash receipts journalDateDetailsTrust creditors controlRBankR1 AprilA South (Client – Deposit)100 000100 000d.Trust cash receipts journalDateDetailsTrust creditors controlRBankR1 AprilA South (Client – Deposit)100 000

The following account statement was issued by SA Attorneys on 31 January 2022: SA Attorneys Cape Attorneys P.O. Box 123P.O. Box 567 PretoriaJohannesburg 00012000 31 January 2022 RRA South vs S Africa  Collection (30/01/2020) 9 000Fees for receiving instruction500 Fees for preparing of summons (31/01/2020)100 Sheriff costs (26/01/2020)200 Collection fee (31/01/2020)900 Your 1/3 allowance 500Payment herewith7 800  9 5009 500   Which of the following options will correctly reflect the client’s account in the clients ledger of the instructed attorney’s accounting records after the transfer of trust monies to/from the business bank account? Select one:a.DrSA Attorneys (B)Cr202031/01 Fees FJ1R500202031/01 SA Attorneys (Trust creditor) TFJ1R500b.DrCape Attorneys (B)Cr201926/0131/01 Business bankFees BCPJFJ1R2001 500201931/01 FeesCape Attorneys (Trust creditor) FJ1TFJ1R5001 200   1 700   1 700c.DrCape Attorneys (B)Cr201926/0131/01 Sheriff costsFees BCPJFJ1R2001 500201931/01 FeesCape Attorneys (Trust creditor) FJ1TFJ1R1 000700   1 700   1 700d.DrSA Attorneys (B)Cr201931/01 Fees FJ1R1 500201931/01 FeesSA Attorneys (Trust creditor) FJ1TFJ1R5001 000   1 500

SA Attorneys keep a small amount of cash in the office for small, general business related expenses. On 14 February 2022, Mr A South (attorney), requested his secretary, Ms S North, to purchase some refreshments for the staff. Ms S North used the small amount of cash kept in the office to pay for the refreshments. The transaction will be entered into the .... as book of first entry.Select one:a.Trust cash payments journalb.Petty cash journalc.General journald.Business cash payments journal

On 25 March 2020, SA Attorneys (registered as a VAT vendor and VAT is charged at 15%) paid the business telephone account to the amount of R2 500 (VAT inclusive) via an EFT. The entry on 25 March 2020 in a book of first entry will be:Select one:a.In the bank column – R2 500; andIn the sundries column – Telephone expense – R2 500.b.In the bank column – R2 173,91; andIn the sundries column – Telephone expense – R2 173,91.c.In the bank column – R2 500;In the VAT output column – R326,09; andIn the sundries column – Telephone expense – R2 173,91.d.In the bank column – R2 500;In the VAT input column – R326,09; andIn the sundries column – Telephone expense – R2 173,91.