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The total amount of trading inventory for Majozi Traders as at 30 June 2019 will be? A. R21 770 B. R27 669 C. R26 894
The total amount of trading inventory for Majozi Traders as at 30 June 2019 will be?
A. R21 770
B. R27 669
C. R26 894
D. R27 819
E. R28 294
Question 12 of 20 2 Points Majozi, the owner of MAJOZI Traders keep incomplete records of the business transactions. The following information is available. MAJOZI TRADERS Balances as at 30 June 2019: 2019 R 28 800 26 500 ? Vehicles at cost Furniture and equipment at cost. Inventory Trade receivables control Bank (favourable) Long-term borrowings. Trade payables control. Accrued expenses Prepaid expenses. 2018 R 28 800 26 500 21 770 8 870 25 000 30 000 9 500 3 400 360 12 350 20 000 15 000 12 700 2 300 365 Additional information: A physical inventory count revealed that the following was on hand on 30 June 2019: Inventory Stationery Packing materials R27 669 R625 R150 The total amount of trading inventory for Majozi Traders as at 30 June 2019 will beStep by Step Solution
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