good day
because its MCQ i think an expert is allowed to answer more than one question , not sure the exact number.
answer from question 6, thanks 
4. Which one of the following errors will not be revealed by a trial balance? (1) the balance of the ledger account has been incorrectly calculated. (2) the trial balance has been incorrectly totalled. (3) errors of omission. (4) the balances in the ledger accounts have been incorrectly transferred to the trial balance. (5) posting from the journals to the ledger accounts are incorrect. 5. Direct deposits made by customers into the bank account of the entity will be recorded in the ... once the bank statement has been received at the end of the month. (1) cash payments journal (2) cash receipts journal (3) bank reconciliation statement (4) petty cash journal (5) purchases journal Use the information provided below to answer question 6: Cape Traders uses the perpetual inventory system. The owner of Cape Traders took inventory for his own personal use. 6. Which account will be debited, and which account will be credited to record the above transaction correctly in the general ledger of Cape Traders? General Ledger Account debited Account credited (1) Drawings Purchases (2) Drawings Inventory (3) Purchases Drawings (4) Inventory Drawings (5) Drawings Creditors Use the information provided below to answer questions 7 to 11: Soweto Traders uses the perpetual inventory system. Soweto Traders provided you with a list of transactions entered into by the entity for the month ended 30 September 2020: (a) Mrs T Khumalo, a debtor, returned goods to the value of R4 000. (b) Received a cash payment of R6 000 from Mr K Singh, a debtor, in full settlement of his account. (c) Credit sales of inventory to Mrs Y Smith for R10 000. (d) Returned inventory to the value of R3 000 to DG Traders. Credit note 07 was received from DG Traders. (e) Purchased inventory on credit from DG Traders for R15 000. 7. Transaction "a" will be recorded in the ... (1) sales journal of Soweto Traders. (2) purchases journal of Soweto Traders. (3) sales returns journal of Soweto Traders. (4) purchases returns journal of Soweto Traders. (5) cash receipts journal of Soweto Traders. 8. Transaction "e" will be recorded in the ... (1) sales journal of Soweto Traders. (2) cash payments journal of Soweto Traders. (3) general journal of Soweto Traders. (4) purchases journal of Soweto Traders. (5) cash receipts journal of Soweto Traders. 9. Transaction "b" will be recorded in the ... (1) sales journal of Soweto Traders. (2) purchases journal of Soweto Traders. (3) cash receipts journal of Soweto Traders. (4) purchases returns journal of Soweto Traders. (5) cash payments journal of Soweto Traders. 10. Transaction "c" will be recorded in the ... (1) cash receipts journal of Soweto Traders. (2) general journal of Soweto Traders. (3) cash payments journal of Soweto Traders. (4) sales journal of Soweto Traders. (5) purchases journal of Soweto Traders. 11. Transaction "d" will be recorded in the ... (1) sales returns journal of Soweto Traders. (2) purchases returns journal of Soweto Traders. (3) cash payments journal of Soweto Traders. (4) cash receipts journal of Soweto Traders. (5) general journal of Soweto Traders. 12. Which one of the following transactions can only be recorded in the adjusted cash payments journal once the bank statement has been received? (1) Outstanding deposits. (2) Interest charged on bank overdraft. (3) Outstanding cheques. (4) Incorrect entries made by the bank. (5) Direct deposit made by a tenant. Use the information provided below to answer question 13: On 30 September 2020, the cash receipts journal of Mamelodi Traders had a provisional total of R10 500, and the cash payments journal of Mamelodi Traders had a provisional total of R13 000. On the same date the bank statement Mamelodi Traders had a credit balance of R5 000. The general ledger bank account of Mamelodi Traders had an unfavourable balance of R2 500 on 1 September 2020. A comparison of the bank statement with the cash receipts journal and the cash payments journal revealed the following differences: A deposit of R7 500 on 30 September 2020 has not yet been recorded by the bank. The following cheques have not yet been presented for payment by 30 September 2020: Cheque number: 789 - R2 725 796 - R20 000 799-R3 200 A cheque for R3 600 which was originally received from a debtor, Mr T Stevens, was returned by the bank due to insufficient funds in Mr T Stevens' bank account. The bank statement included a credit entry of R2 800 which a customer, Mrs J Sithole, deposited directly into Mamelodi Traders' bank account. The following amounts have not yet been recorded in either of the cash journals for September 2020: Interest on overdraft, R150. Monthly bank service fees, R125. A debit order in favour of Lee Insurers for the insurance premium to the amount of R7 350. 13. The total of the bank column in the adjusted cash receipts journal of Mamelodi Traders on 30 September 2020, after taking the above differences into account, is R (1) 10 500 (2) 13 450 (3) 13 300 13 575 (5) 16 900 14. Income received in advance are shown as ... in the statement of financial position? (1) non-current liabilities (2) equity (3) current assets (4) non-current assets (5) current liabilities 15. Fixed deposits are shown as ... in the statement of financial position? (1) non-current liabilities (2) equity (3) current assets (4) non-current assets (5) current liabilities
