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Jimmy Ltd has the following items in his balance sheet as at 30 April 2019: Item R 20 900 4 950 1600 3 280

 

Jimmy Ltd has the following items in his balance sheet as at 30 April 2019: Item R 20 900 4 950 1600 3 280 Capital Stock of goods Creditors Debtors Motor Vehicles Fixtures Cash at bank Cash in hand 4 200 3 500 6 450 120 In May 2019, the following transaction took place: a) Purchase extra stock of goods R770 on credit. b) One of the debtors paid R 280 in cash. c) Purchase extra fixtures by cheque R1 000. Required: Draw up a balance sheet as at 31 May 2019 after the above transactions have been completed.

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