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Question 2 S Snymann Attorneys has recorded the following transactions in Its books of prime entry on during the Month of June 2017. 1. The
Question 2 S Snymann Attorneys has recorded the following transactions in Its books of prime entry on during the Month of June 2017. 1. The obtained a loan of N$ 100 500 form FNB finance his business practice. 2. 27.Paid salaries for N$ 11 900. 3. Purchase office equipment, N$ 12 000 I 28. Purchase Machinery for office use from Greece Purchasers for N$ 20 305 on credit. Paid N$ 3 950 immediately by cheque. 29. Obtained a loan of N$ 13 200 from Peet Investments to finance the Business. 1) Using the information of S Snymann you are required to show the effect on the accounting equation. 10 Marks 2) Prepare a Trial Balance 710 Marks
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