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For clarity question 1 reads as follows: Use the following information to record the following accounts using perpetual inventory system: Trading inventory on 1 March

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For clarity question 1 reads as follows:

Use the following information to record the following accounts using perpetual inventory system:

Trading inventory on 1 March 2018 $20 000

Transactions for the year ended 28 February 2019:

Goods purchased for cash $ 60 000

sales of goods for cash ( at cost plus mark-up of 50%) $75 000

- A n | 2014 NS2000 Amon Dale bataille Palmart Sales o Fol Amount Dute Details Cost of sales account Fol Amount Date Details Fol Amount 1989886733 Date De Fol A Date Date To Amor Date Details Com the wing tables that he is the In the won to det andr e and show the effect on es ing on the one has been done for you Example 25 mars Account Account aset Credit puruse poods Tong Credit Cash purchase of goods Good lumed to Cash of goods Credits goods Coocanumad by debtor

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