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Answet ALL questions in this paptr. QUESTON 1 (20 MARKS) REQUIRED 29 fobnay 2002. Adjattments and adobitional information 1. Slocktaking on 26 February 2003 revesiod
Answet ALL questions in this paptr. QUESTON 1 (20 MARKS) REQUIRED 29 fobnay 2002. Adjattments and adobitional information 1. Slocktaking on 26 February 2003 revesiod the following inentoses: 11 Trading imentory R2zo 050 12 Stationery Ro oso 2. The lalephone account for Febrvary 2003, R6 000, nas due bo be paid ch 01 March 2003. 3. A debor why was dedarted ineolvent paid PGOO which representad 30S of her deb. The balance of hor acoourt matt now be writivo off 4. The provision for bad debts nust be decressed to Rucoco 5. Rent has been rtceved up to 31 March 2003 . Note: The tontal was incressod by R2 000 per month with effoct loom of Novinber 2402 . 6. The insurance iotal includes an amual prenime of R15 COS that was past for the perod o1 June 2022 1031May2003 7. Provibe for outstanding interest on the morbage loan be fitousy 2023. 8. Provide for the oulstanding intesest on fued depost. The ineserent in fried deposit was made on 01 September 2002. 9. A payment for the annual sorvise of a mobor vehicle was not recordad, RS COCO. 10. Provide for deprecation as followi 101 On equipment at 10% p.a. con cost. R360 000 was purchasod on os Dscember zolez The purchute has beon recorde4 Answet ALL questions in this paptr. QUESTON 1 (20 MARKS) REQUIRED 29 fobnay 2002. Adjattments and adobitional information 1. Slocktaking on 26 February 2003 revesiod the following inentoses: 11 Trading imentory R2zo 050 12 Stationery Ro oso 2. The lalephone account for Febrvary 2003, R6 000, nas due bo be paid ch 01 March 2003. 3. A debor why was dedarted ineolvent paid PGOO which representad 30S of her deb. The balance of hor acoourt matt now be writivo off 4. The provision for bad debts nust be decressed to Rucoco 5. Rent has been rtceved up to 31 March 2003 . Note: The tontal was incressod by R2 000 per month with effoct loom of Novinber 2402 . 6. The insurance iotal includes an amual prenime of R15 COS that was past for the perod o1 June 2022 1031May2003 7. Provibe for outstanding interest on the morbage loan be fitousy 2023. 8. Provide for the oulstanding intesest on fued depost. The ineserent in fried deposit was made on 01 September 2002. 9. A payment for the annual sorvise of a mobor vehicle was not recordad, RS COCO. 10. Provide for deprecation as followi 101 On equipment at 10% p.a. con cost. R360 000 was purchasod on os Dscember zolez The purchute has beon recorde4
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