QUESTION 5 (20 MAFKS] REQLIRE Use the intormanon prowided below to prepare the Poat-Adjustment Trial Ealanee as at 25 Fehruacy 2022. INFORMATION The rformation given beion was extracted from the acocuring tecords of Irands Traders on 28 February 2022, the e-d of the frrancial year. INANDA TRADERS PRE-ADUUSTMENT TRIAL. BALANCE AS AT 28 FEBRUARY 2022 \begin{tabular}{|l|l} \hline 2872000 & 2872000 \\ \hline \end{tabular} Adjustments and additional information 1. Physical stocklaking of 28 Fetruary 20.22 tevected the following: 1,1 Traing irsentory on hand amounted to R160 000. 1.2 Statonery used dining the accounting penod amounted to Fos Btol 2. The cost of peinting the bukings mas debled to fe Land and buldings account, fzo 000. Comect the emor. 3. Pent incore amo.nts to R3 000 per month. Mahe the necessary atjusttenL. 4. The lelephore acmut fax February 2022, R2 000, was due io be paid on 03 March 2022 . 5. An account for advertiang ass recelved on 25 February 2022 trom the local newspaper for an adertisement that was placed tor the aale of the proprialor's persenal vehicte. The anount, foo 000, was paid trom the bark accoum of the businass on the same dale. The Adverising account was detitod and Bark accnurt was cresited. Comect the emor. 6. The insurance tolal incudes an annual premizm of R7 200 that was paid for the period 01 Decomber 2001 to 30Nm Nunber 2022 7. Provide ficr the oussianding inieresti on loan for Februay 2022. Note: The bank crpitalses to inlerest pi.e. interest is added to the ican balance). 8. The irvesmert in foued deposic was made on 01 Jene 2021. Provide for the cuastending interest. Htrest is not cespilalsed. 9. Provids for cepreciation on equpment at 204 per year using the fosd insta ment mathod. 10. S. Peter, a debtor, was declaned hochert. His insolvent estete pad R3 000 which representad 6CN of the amount owing and ths has not been reconded. The balanos of tis accocunt must aiso be acttan aff. 11. The prois an for bad debts must be increased to R2800. QUESTION 5 (20 MAFKS] REQLIRE Use the intormanon prowided below to prepare the Poat-Adjustment Trial Ealanee as at 25 Fehruacy 2022. INFORMATION The rformation given beion was extracted from the acocuring tecords of Irands Traders on 28 February 2022, the e-d of the frrancial year. INANDA TRADERS PRE-ADUUSTMENT TRIAL. BALANCE AS AT 28 FEBRUARY 2022 \begin{tabular}{|l|l} \hline 2872000 & 2872000 \\ \hline \end{tabular} Adjustments and additional information 1. Physical stocklaking of 28 Fetruary 20.22 tevected the following: 1,1 Traing irsentory on hand amounted to R160 000. 1.2 Statonery used dining the accounting penod amounted to Fos Btol 2. The cost of peinting the bukings mas debled to fe Land and buldings account, fzo 000. Comect the emor. 3. Pent incore amo.nts to R3 000 per month. Mahe the necessary atjusttenL. 4. The lelephore acmut fax February 2022, R2 000, was due io be paid on 03 March 2022 . 5. An account for advertiang ass recelved on 25 February 2022 trom the local newspaper for an adertisement that was placed tor the aale of the proprialor's persenal vehicte. The anount, foo 000, was paid trom the bark accoum of the businass on the same dale. The Adverising account was detitod and Bark accnurt was cresited. Comect the emor. 6. The insurance tolal incudes an annual premizm of R7 200 that was paid for the period 01 Decomber 2001 to 30Nm Nunber 2022 7. Provide ficr the oussianding inieresti on loan for Februay 2022. Note: The bank crpitalses to inlerest pi.e. interest is added to the ican balance). 8. The irvesmert in foued deposic was made on 01 Jene 2021. Provide for the cuastending interest. Htrest is not cespilalsed. 9. Provids for cepreciation on equpment at 204 per year using the fosd insta ment mathod. 10. S. Peter, a debtor, was declaned hochert. His insolvent estete pad R3 000 which representad 6CN of the amount owing and ths has not been reconded. The balanos of tis accocunt must aiso be acttan aff. 11. The prois an for bad debts must be increased to R2800
