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pli=1#inbox?projector=1 QUESTION ONE Open with Google Docs [30] Fun Runners (Pty) Ltd incurred the following transactions during April 2022: 1. Mr. Nike increased his capital
pli=1#inbox?projector=1 QUESTION ONE Open with Google Docs [30] Fun Runners (Pty) Ltd incurred the following transactions during April 2022: 1. Mr. Nike increased his capital contribution with R50 000. 2. Stock to the value of R34 000 was purchased using the perpetual inventory system. 3. Sell goods of R14 500 to Mrs. Fast on credit. The cost of the goods amounts to R10 000. 4. Settle the telephone account, received last week, of R1 400. 5. New takkies of R2 300 were sold to the primary school at cost. The school does not have a credit facility with Fun Runners (Pty) Ltd. 6. Mr. Nike purchased a new delivery vehicle of R150 000 through bank financing with Pacing Bank. Required: Record the transactions incurred by Fun Runners (Pty) Ltd, outlining the basic accounting equation and the general ledger accounts affected. Your answer should be detailed in the following format: (Use af to indicate an increase; and - for a decrease on the accounts) No Assets Equity Liability Account debited Account credited Page 2/4 + O W DOLL 0x F3 F4 F5 F6 F7 F8 F9 prt sc F10 home end F11 F12
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