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Q1 (8 MARKS) is 1 On January 1 2021) the following balances amount others stood in the books of the School of Accounting: Insurance N$900

Q1 (8 MARKS) is 1 On January 1 2021) the following balances amount others stood in the books of the School of

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Accounting: Insurance N$900 (Dr) During the year that ended 31 December 2021 the information related to these two accounts is as follows: Fire insurance, N$1,200 covering the year ended 31 April 2022 was paid General insurance N$1,500 covering the year ended 31 August 2022 was paid Draw up the Insurance account for the year ended 31 December 2021.

On January 12021 the following balances amount others stood in the books of the School of Accounting: Insurance N\$900 (Dr) During the year that ended 31 December 2021 the information related to these two accounts is as follows: - Fire insurance, N\$1,200 covering the year ended 31 April 2022 was paid - General insurance N\$1,500 covering the year ended 31 August 2022 was paid Draw up the Insurance account for the year ended 31 December 2021

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