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The following balances were extracted from Jonso's books on 3 0 April 2 0 1 7 . Jonso is a Sole Trader. Additional information at
The following balances were extracted from Jonso's books on April Jonso is a Sole Trader. Additional information at April Inventory was valued at R On April goods had been purchased for cash. The transaction had not been recorded in the books. General expenses were accrued, R and prepaid, R Rent receivable of was owing. The rent payable included a payment of R for the six months ended June a Depreciation is to be charged on all noncurrent assets owned at the end of the year as follows:motor vehicles at the rate of per annum using the diminishing reducing balance method b computers at the rate of per annum using the diminishing reducing balance method c fixtures and fittings at the rate of per annum, using the straightline method Trade receivables of R are irrecoverable. The provision for doubtful debts is to be maintained at on the remaining trade receivables. REQUIRED: Prepare the Balance Sheet as at April ; after which select the figures matching the transaction using the pulldown menu on your left side below.
The following balances were extracted from Jonso's books on April Jonso is a Sole Trader.
Additional information at April
Inventory was valued at R
On April goods had been purchased for cash. The transaction had not been recorded in the books.
General expenses were accrued, R and prepaid, R
Rent receivable of was owing.
The rent payable included a payment of R for the six months ended June
a Depreciation is to be charged on all noncurrent assets owned at the end of the year as follows:motor vehicles at the rate of per annum using the diminishing reducing balance method
b computers at the rate of per annum using the diminishing reducing balance method
c fixtures and fittings at the rate of per annum, using the straightline method
Trade receivables of R are irrecoverable. The provision for doubtful debts is to be maintained at on the remaining trade receivables.
REQUIRED:
Prepare the Balance Sheet as at April ; after which select the figures matching the transaction using the pulldown menu on your left side below.
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