Question
QUESTION ONE [25] The transactions below relate to S ASH for the month ended 30 June 2021. Date Transactions Amount 2021 R Jun 01 S
QUESTION ONE [25]
The transactions below relate to S ASH for the month ended 30 June 2021.
Date Transactions Amount
2021 R Jun 01 S Ash deposited capital into the business bank account 80 000 05 The business obtained a loan from LTC Bank 15 000 07 Acquired a vehicle and settled the purchase price by cheque 25 000 08 Bought cleaning material from AD Suppliers on credit 500 10 Invoiced Dekker Hotel for cleaning services rendered 1 000 12 Received a cheque from Dekker Hotel and deposited it in the bank account 500 14 Paid Salaries by cheque 1 500 16 An advert was published in the daily news. This is payable in 30 days 250 25 S Ash transferred his personal equipment into the business 10 000 30 Stationery on hand 1 000
Required:
Analyse the above transactions in tabular form as follows:
A/C.DEBIT A/C.CREDIT A = E + L
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