Question 2.

Do 2.1 to 2.6

QUESTION 2: SUBSIDIARY JOURNALS (31 marks; 40 minutes) You are provided with the source documents and additional information for Kyle's Electric shop for November 2022. The business is owned by Kyle Evans. The business always uses a mark-up of 25% on the cost price, unless indicated otherwise. REQUIRED: Complete the following Journals on the ANSWER SHEET for Kyle's Electronic Shop for November 2022. NOTE: You do not have to add/total columns in the Journals, only transaction entries are required. 2.1 Cash Receipts Journal (CRJ) (7) (9) 2.2 Cash Payments Journal (CPJ) 2.3 Creditors Journal (CJ) 2.4 Creditors Allowance Journal (CAJ) 2.5 Debtors Journal (DJ) 2.6 Debtors Allowance Journal (DAJ) (3) INFORMATION: A. The following debtors appeared in the books of Kyle's Electronic Shop on 1 November 2022: B. Buks R4 650 R. Road R6 100 L. Logan R9 550 B. The following creditors appeared in the books of Kyle's Electronic Shop on 1 November 2022: Tektronic Ltd. R4 650 AMP Wholesalers R7 840 Soundwaves R17 740 C. Transactions for November 2022: 1 Cash sales as per cash register roll no 20, R12 300. 3 An amount was paid by EFT no 11 to XY Suppliers for goods purchased for cash. The normal selli was R5 600, but XY Suppliers offered a 20% trade discount on all cash sales on this day. 8 Issue an invoice no 105 for R2 760 to B. Buks, a debtor for goods sold on credit. 10 R. Roads, a debtor, returned goods with a selling price of R1 020 that was not according to sample. Credit note no 30 was issued to him. 2.1 CASH RECEIPTS JOURNAL OF KYLE'S ELECTRONIC SHOP FOR NOVEMBER 2021 - CRJ DOC DAY DETAILS ANALYSIS BANK SALES COST OF DEBTORS SALES CONTROL OF RECEIPTS ACCG211: ASS 5 ANSWER SHEET 5/12 2.2 CASH PAYMENTS JOURNAL OF KYLE'S ELECTRONIC SHOP FOR NOVEMBER 2021 - CPJ DOC DAY DETAILS BANK TRADING WAGES CREDITORS STOCK CONTROL AMOUNT ACCG211: ASS 5 ANSWER SHEET 6/12 2.3 CREDITORS JOURNAL OF KYLE'S ELECTRONIC SHOP FOR NOVEMBER 2021 - CJ DOC DAY CREDITORS TRADING EQUIPMENT CONTROL STOCK CREDITOR AMOUNT SUNDRY ACCOUNTS AMOUNT DETAILS SUNDRY ACCOUNTS DETAILS SUNDRY ACCOUNTS DETAILS U A 9