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On 9 June 20.23KKY Traders purchased inventory, at a cost of R5 000, on credit. KKY Tr perpetual inventory system. The correct analysis of the
On 9 June 20.23KKY Traders purchased inventory, at a cost of R5 000, on credit. KKY Tr perpetual inventory system. The correct analysis of the given transaction in the general ledger and the accounting equation is ... Instructions: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off to the second decimal after the full stop (eg: 50.56) 3. A decrease in an amount must be indicated by using a negative sign in front of the amount (eg: -1000.01) 4. An increase must be indicated by the amount without any sign (eg: 1000.01) 5. If an option has been provided that is not applicable to the specific transaction, please use N/A for the option 6. First do the positive entry, then the negative entry and lastly the N/A entries
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