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Additional information in respect of transactions and even still have to be recognised in the records of Cloete Entity: 1. The perpetual inventory system indicates
Additional information in respect of transactions and even still have to be recognised in the records of Cloete Entity: 1. The perpetual inventory system indicates that obsolete an damaged inventory items with a cost of N$4,400 on 31 M 2020 have to be written off. The write-off has already beer authorised by the owner 2. The statement for water and electricity for March 2020, W reflects an amount due of N$5,500 in respect of the water electricity usage for March 2020, was received on 8 April from the City of Windhoek and still has to be recognised 3. Office Supplies on hand on 31 March 2020 amounts to NS and still has to be recognised 4. Insurance premiums are paid annually on 1 October The annual insurance premium, which was paid on 1 October amounted to NS7 800. The full premium was debited ago the insurance expense for 2020. The insurance premium prepaid on 31 March 2020 still has to be recognised. The necessary journal entry in respect of the insurance expon prepaid on 31 March 2019 also still has to be recognised 5. Roceivable Jonas has been dodared bankrupt. It was consequently decided to write of the amount of N54 800 a Additional information in respect of transactions and even still have to be recognised in the records of Cloete Entity: 1. The perpetual inventory system indicates that obsolete an damaged inventory items with a cost of N$4,400 on 31 M 2020 have to be written off. The write-off has already beer authorised by the owner 2. The statement for water and electricity for March 2020, W reflects an amount due of N$5,500 in respect of the water electricity usage for March 2020, was received on 8 April from the City of Windhoek and still has to be recognised 3. Office Supplies on hand on 31 March 2020 amounts to NS and still has to be recognised 4. Insurance premiums are paid annually on 1 October The annual insurance premium, which was paid on 1 October amounted to NS7 800. The full premium was debited ago the insurance expense for 2020. The insurance premium prepaid on 31 March 2020 still has to be recognised. The necessary journal entry in respect of the insurance expon prepaid on 31 March 2019 also still has to be recognised 5. Roceivable Jonas has been dodared bankrupt. It was consequently decided to write of the amount of N54 800 a
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