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The accounting equation is the Alpha of Accounting rules. As the junior accountant at the stationery shop, Polka - Dots ( Pty ) Ltd .
The accounting equation is the Alpha of Accounting rules. As the junior accountant at the stationery shop, PolkaDots Pty Ltd Transactions related to the financial year: Posters to the value of R was purchased by the primary school. Payment was made in cash. Unwanted goods of R purchased by Mrs Strong on account, was returned. The cost of the goods is R Mr Prince applied to open an account at PolkaDots Pty Ltd A limit of R was approved by management. Mr Prince purchased stationery of R for his Grade child on credit. Fly Bank charged the monthly bank charges of R The municipal bill in respect of water and electricity usage, amounting to R was received. A longoutstanding dispute with the cellphone company was finally resolved. The correcting credit was passed by the cellphone company of R To fill up the stock shortages, an order of R was issued to GREAT Ltd Rental of R was paid as per the entered lease agreement. Cash sales of R was made to Mrs Strong. The cost of the goods is R Fuel of R for the delivery truck was posted to the salaries and wages account. Mr Plans 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 to PolkaDot Pty Ltd to apply to his sons stationery needs. Mr Sick passed away. His estate has insufficient funds to settle his account of R The lawyers offered a final settlement of c in the rand. Depreciation is calculated on the straightline basis of by PolkaDot PtyLtd The annual depreciation on the delivery truck, purchased for R in have not been accounted. The company uses the periodic inventory system. At financial yearend stock of R was on hand. The opening balance on the inventory account amounts to The owner settles the vehicle loan of R from her own account. Record the transactions in the accounting format provided. use when recording the amounts into the accounting equation
The accounting equation is the Alpha of Accounting rules. As the junior accountant at
the stationery shop, PolkaDots Pty Ltd
Transactions related to the financial year:
Posters to the value of R was purchased by the primary school. Payment was made in cash.
Unwanted goods of R purchased by Mrs Strong on account, was returned. The cost of the goods is R
Mr Prince applied to open an account at PolkaDots Pty Ltd A limit of R was approved by management.
Mr Prince purchased stationery of R for his Grade child on credit.
Fly Bank charged the monthly bank charges of R
The municipal bill in respect of water and electricity usage, amounting to R
was received.
A longoutstanding dispute with the cellphone company was finally resolved. The correcting credit was passed by the cellphone company of R
To fill up the stock shortages, an order of R was issued to GREAT Ltd
Rental of R was paid as per the entered lease agreement.
Cash sales of R was made to Mrs Strong. The cost of the goods is R
Fuel of R for the delivery truck was posted to the salaries and wages
account.
Mr Plans 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 to PolkaDot Pty Ltd to apply to his sons stationery needs.
Mr Sick passed away. His estate has insufficient funds to settle his account of R The lawyers offered a final settlement of c in the rand.
Depreciation is calculated on the straightline basis of by PolkaDot PtyLtd The annual depreciation on the delivery truck, purchased for R in have not been accounted.
The company uses the periodic inventory system. At financial yearend stock of R was on hand. The opening balance on the inventory account amounts to
The owner settles the vehicle loan of R from her own account.
Record the transactions in the accounting format provided. use when recording the amounts into the accounting equation
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