QUESTION ONE

$($D$)$

The scoounting equation is the Alptia of Accounting rules. As the jurior akcoumtent et the stationery shop, Poika$-$Dots $($PIy$)$ Litd$)$:

Transactions related to the $2022$ financial ysar:

Posters to the value of $2550$ was purchased by the primary school taymame wast made in cash.

Unwanted goods of R$800$ purchased by Mes. Strongy on account, was retumed. The cost of the goods is R$500.$

Mr$.$ Prince applied to open an acoquint at Poika$-$Dots $($Pty$)$ Ltab. A timit of t$92000$ was approved by management.

Mr$.$ Prince purchased stationery of R$1750$ for his Grades shald on vesti.

Fly Bank charged the monthly bank charges of R$45.$

The municipal bill in respect of water and electricty usage, amounting to $2350$ was received.

A long$-$outstanding dispute with the cellphone company was finally resolved. The correcting credit was passed by the cellphone company of $R140.$

To fill up the stock shortages, an order of R$5000$ was issued to GREAT Litd.

Rental of R$600$ was paid as per the entered lease agreement.

Cash sales of R$750$ was made to Mrs$.$ Strong. The cost of the goods is R$400.$

Fuel of $R800$ for the delivery truck was posted to the salaries and wages account.

Mr$.$ Plan's son was accepted to study at the university. The stationery needs are not yet communicated. As Mr$.$ Plan will be travelling he paid a deposit of R$4000$