28 February 2023 INFORMATION FIESTA TRADERS 17C Heavy rain 1138AM 11/7/2023 Adjustments and additional information 1. Stocktaking on 28 February 2023 revealed the following inventories: 1.1 Trading inventory R220000 1.2 Stationery R4 000 2. The tolephone account for February 2023, R6 000, was due to be paid on 01 March 2023. 3. A debtor who was declared insolvent paid R900 which represented 30% of her debt The balance of her account must now be written off. 4. The provision for bad dobts must be decreased to R14 000 5. Ront has been received up to 31 March 2023. Note: The rental was increased by R2 000 per month with effect from 01 November 2022 6. The insurance tolal includes an annual premium of R15 000 that was paid for the period 01 June 2022 to 31 May 2023. 7. Provido for outstanding interest on the morlgage loan for February 2023 8. Provide for the outstanding interest on fixed deposit The investment in fixed deposit was mado on 01 Soptember 2022 9. A payment for the annual service of a motor vehicle was not recorded, R5 000: 10 Provide for depreciation as follows: 10.1 On oquipment at 10% p. a on cost. 102 On vehicles at 20% p.a using the diminshing balance method. Note: A vehicle with a cost price of R360000 was purchasod on 01 December 2022 . The purchase has been recorded. 28 February 2023 INFORMATION FIESTA TRADERS 17C Heavy rain 1138AM 11/7/2023 Adjustments and additional information 1. Stocktaking on 28 February 2023 revealed the following inventories: 1.1 Trading inventory R220000 1.2 Stationery R4 000 2. The tolephone account for February 2023, R6 000, was due to be paid on 01 March 2023. 3. A debtor who was declared insolvent paid R900 which represented 30% of her debt The balance of her account must now be written off. 4. The provision for bad dobts must be decreased to R14 000 5. Ront has been received up to 31 March 2023. Note: The rental was increased by R2 000 per month with effect from 01 November 2022 6. The insurance tolal includes an annual premium of R15 000 that was paid for the period 01 June 2022 to 31 May 2023. 7. Provido for outstanding interest on the morlgage loan for February 2023 8. Provide for the outstanding interest on fixed deposit The investment in fixed deposit was mado on 01 Soptember 2022 9. A payment for the annual service of a motor vehicle was not recorded, R5 000: 10 Provide for depreciation as follows: 10.1 On oquipment at 10% p. a on cost. 102 On vehicles at 20% p.a using the diminshing balance method. Note: A vehicle with a cost price of R360000 was purchasod on 01 December 2022 . The purchase has been recorded