Question
Prepare the CRJ, CPJ, DJ and DAJ for November 2008.Useyour own document numbers .Provide the following additional columns. CRJ: Sales, Cost of sales, Debtors control;
Prepare the CRJ, CPJ, DJ and DAJ for November 2008.Useyour own document numbers .Provide the following additional columns. CRJ: Sales, Cost of sales, Debtors control; receipts and discount allowed. CPJ: Trading Stock, Debtors Control, Wages. 2. Post to the following accounts in the general ledger .the opening balances /totals are provided in brackets. Trading Stock R 45 762 Debtors control R35 599 Sales R 78 872 Cost of Sales R 52 500 Debtors Allowances R4 658. Discount Allowed R 3 298 3. Post to the Debtors Ledger. 4. Prepare a Debtors listing on 30 November2008. Information: Debtors List on 31 October 2008. R. Fine R 17 585. R. Rough R12 675 S Smooth R5 339. Transaction for November 2008: 1. Cash Sales R 1 632 (Cost Price R 1 088). 2. Sold goods on credit to : R Rough R4 599 (Cost price R3 066). F Fine R976 (Cost price R651). 3. Paid the Wages directly into the bank account of the two employees R4 200. 4. F. Fine paid in R12 000 less a 5 % discount directly into the bank account of Nkosephayo. 5. Cash Sales R1 598 (cost price R1 065). 6. S Smooth settled her account by making a direct deposit into the bank account of Nkosephayo shop, R5 000. R. Rough returned some of the stock which he bought on the 4th, R340 (Cost price R227).A C/N was issued. F Fine claimed an allowance for shop soiled stock supplied to him on the 4 th . A C/N for R68 was authorized by the owner. 7. Paid wages directly into the bank accounts of the two employees, R4 200. 8. Made EFT payment to UTWO Supplies for merchandise bought RR4 988. 9. Paid wages n directly into the bank account of two employees, R4 200. 10. Nkosephayo bought a sound system for R3 299 for her son. She used business funds to pay Audio Vis and Company.
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