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Balances on 28 February 2021 Balance sheet section Vehicles at cost Equipment at cost Inventory Provision for bad debts Nominal accounts section Bad debts
Balances on 28 February 2021 Balance sheet section Vehicles at cost Equipment at cost Inventory Provision for bad debts Nominal accounts section Bad debts Insurance Adjustment R 90 000 R 50 000 R 100 000 2 000 R 500 R 3 000 Insurance has been paid for 10 months only. Make an adjustment for the outstanding months. Insurance for the year is: A. R 6 000 B. R3 600 O C. R600 O D. R3 300
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
9th edition
978-1285183244, 128518324X, 978-1285779263, 1285779266, 978-1285183237
