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Use the information provided below to post to all the accounts in the general ledger except the Bank account. Do not balance/close off the accounts.
Use the information provided below to post to all the accounts in the general ledger except the Bank account. Do not balance/close off the accounts. (10 marks) INFORMATION The transactions of KL Stores for March 2023 are as follows: Date Transactions 20 The proprietor of KL Stores, K Lambert, commenced business by depositing R300 000 into the bank account of the business. 21 Purchased inventory on credit from GH Wholesalers, R30 000. 22 Bought equipment by means of an electronic funds transfer (EFT), R28 000. 24 Paid R8 000 to FG Agency for the rental expense of the building. 26 Purchased stationery by means of an EFT, R500. 31 Sold inventory on credit for R10 000 (Cost R6 000)
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