Question 5

Arandis Swakop is a sole trader whose financial year ends on 31 March.

On 1 April 2020, balances in Arandiss ledger included the following:

Debit Credit

N$ N$

Electricity 400

During the year ended 31 March 2021, Arandis made the following payments for electricity by cheque:

N$

15 April 2020 400

10 July 2020 310

18 October 2020 650

9 January 2021 540

Additional Information

At 31 March 2021, the amount owed for electricity was N$590.

REQUIRED

1. Record the above transactions in the ledger account. Start with balance on 1 April 2020. Balance the ledger account 31 March 2021.

Dr Electricity Cr

Date	Details	Fol	Amount	Date	Details	Fol	Amount