record transactions in accounting format

transactions should be posted in the format Assets= equity+liabilties

Required: Question 1.1: Record transactions (1-16) in the accounting format seovibed Format to be used: NB: The accounting equation is sensitive to \( +/-/ b r a c k e t s \) and to general ledger accounts Question 1.2: Record transactions (1-16) via general journal entries for the financial year ended 31 December 2022. Question 1.3: Prepare the Debtor's control account in the general ledger of PolkaDots. The account has a balance of R5 000 before taking transactions (1-16) into account. Balance the account at year-end Q estion 1.4: Prepare the Fuel expense account (( R 5000)and Salaries and wages account (R6 000) in the general ledger of Polka-Dots. The accounts have balances as shown in brackets, before taking transactions ( \( 1-16 \) into account. Include closing entries for both accounts. equired: estion 1.1: Record transactions \( (1-16) \) in the accounting format \( p \) mat to be used:

Maria Jacobs owns a stationery shop, Polka Dote, trading in stationery. The fo information needs to be taken into account for the financial year ended 31 Decembe Polka-Dots uses the Perpetual Inventory Method to record trading stock and is not re as a VAT vendor. \begin{tabular}{|l|l|} \hline No & Transactions that need to be taken into account for the 2022 financial yea \\ \hline 1 & Posters were sold for R550 in cash to a primary school. Cost price of the goede \\ \hline \end{tabular} 2 Mrs Strong returned unwanted goods charged to her account at R800. The cos goods is R500. \begin{tabular}{l|l} 3. & Mr. Prince applied to open an account at Polka-Dots. A limit of R2 000 was a \\ 4 & Stationery of R1 750 was sold to Mr Prince on credit. Cost price of the goods \end{tabular} 5 Bank charges of R45 was charged to the bank account but not yet recorded. 6 Electricity and water account of R850 was received but not yet paid nor recor 7 A long-outstanding dispute with a cell-phone company was finally resolved w they recorded a debit of R140 to our account that must be recorded and pe Dots. To replenish stocks, goods to the value of R5 000 were bought on credit fro January 2023 rental of R600 was paid as per the lease agreement. Cash sales of R750 were made to Mrs. Strong. The cost of the goods is R Fuel of R800 for the delivery truck was posted to the salaries and wages Mr. Plan's son was accepted to study at a university. Stationery needs are finalised. Mr Plan paid R4 000 to Polka-Dot to apply to his son's stationer Required: Question 1.1: Record transactions (1-16) in the accounting format seovibed Format to be used: NB: The accounting equation is sensitive to +//brackets and to general ledger accourts (40) Question 1.2: Record transactions (1-16) via general journal entries for the financial year ended 31 December 2022. (35) Question 1.3: Prepare the Debtor's control account in the general ledger of PolkaDots. The account has a balance of R5 000 before taking transactions (1-16) into account. Balance the account at year-end (6) estion 1.4: Prepare the Fuel expense account ( R5000) and Salaries and wages account (R6 000) in the general ledger of Polka-Dots. The accounts have balances as shown in brackets, before taking transactions ( 116 into account. Include closing entries for both accounts. equired: estion 1.1: Record transactions (116) in the accounting format p mat to be used: Maria Jacobs owns a stationery shop, Polka Dote, trading in stationery. The fo information needs to be taken into account for the financial year ended 31 Decembe Polka-Dots uses the Perpetual Inventory Method to record trading stock and is not re as a VAT vendor. \begin{tabular}{|l|l|} \hline No & Transactions that need to be taken into account for the 2022 financial yea \\ \hline 1 & Posters were sold for R550 in cash to a primary school. Cost price of the goede \\ \hline \end{tabular} 2 Mrs Strong returned unwanted goods charged to her account at R800. The cos goods is R500. \begin{tabular}{l|l} 3. & Mr. Prince applied to open an account at Polka-Dots. A limit of R2 000 was a \\ 4 & Stationery of R1 750 was sold to Mr Prince on credit. Cost price of the goods \end{tabular} 5 Bank charges of R45 was charged to the bank account but not yet recorded. 6 Electricity and water account of R850 was received but not yet paid nor recor 7 A long-outstanding dispute with a cell-phone company was finally resolved w they recorded a debit of R140 to our account that must be recorded and pe Dots. To replenish stocks, goods to the value of R5 000 were bought on credit fro January 2023 rental of R600 was paid as per the lease agreement. Cash sales of R750 were made to Mrs. Strong. The cost of the goods is R Fuel of R800 for the delivery truck was posted to the salaries and wages Mr. Plan's son was accepted to study at a university. Stationery needs are finalised. Mr Plan paid R4 000 to Polka-Dot to apply to his son's stationer Required: Question 1.1: Record transactions (1-16) in the accounting format seovibed Format to be used: NB: The accounting equation is sensitive to +//brackets and to general ledger accourts (40) Question 1.2: Record transactions (1-16) via general journal entries for the financial year ended 31 December 2022. (35) Question 1.3: Prepare the Debtor's control account in the general ledger of PolkaDots. The account has a balance of R5 000 before taking transactions (1-16) into account. Balance the account at year-end (6) estion 1.4: Prepare the Fuel expense account ( R5000) and Salaries and wages account (R6 000) in the general ledger of Polka-Dots. The accounts have balances as shown in brackets, before taking transactions ( 116 into account. Include closing entries for both accounts. equired: estion 1.1: Record transactions (116) in the accounting format p mat to be used