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Adjustments and additional information: a B C No entry was made for a credit note ued 3 000 (those goods were goods were placed
Adjustments and additional information: a B C No entry was made for a credit note ued 3 000 (those goods were goods were placed back into stock sued to debitor M hus for marked up at 50% on cost price) the On the tast day of the financial year, a physical stock taking revesing the Following Trading stock Stationery R119 000 F1 400 A debtor, N Nanzi, who owes R800 must be written off as irrecoverable The telephone account for February 2018 has been received but not yest paint R2 200 An annual insurance premium of F7 200 was paid on 30 September 2017 The Fixed Deposit was invested on 1 March 2017 at ABBA Bank. The inters was received for 9 months only. Provide for the outstanding interest The bank statement received on 28 February 2018 reflected the following Bank charges- R 400 A cheque for R1 300 from debtor, E.Zuh dishonoured due to funds. This cheque was received in settlement of his account of R1 606 Mkheinle, a debtor whose account was previously imecoverable, deposited R000 into the business bank account A spare office has been rented out to a tenant since 1 March 2017. The tenan paid the March 2018 rent in advance, during February 2018 Now the rent was increased by R1 800 per month from 1 January 2018 The loan statement received from FNB bank reflected the following on 28 February 2018 Balance on 1 March 2017 Interest (Capitalizer) Installments including interest Balance on 28 February 2018 A 180 000 R? R 53 100 R 150 000 Provide for depreciation of R47 500 for the year An employee has been omitted from the Salanes Journal of February 2018 H details are as follows Gross Salary Deductions 6.000 Contributions 3-000 Net Salary 13.000 N.B: Employers contributions are added (recorded under salaries and wages)
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