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View Help Tell me what you want to do EL AaBbCcDd bccpa I No Spac... Heading 1 Heading 2 I Normal Title Subtitle Subtle Em...

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View Help Tell me what you want to do EL AaBbCcDd bccpa I No Spac... Heading 1 Heading 2 I Normal Title Subtitle Subtle Em... h Styles 1 2. 3.1 4 5 1. 6 T7 8 9 1 10 1 11 | 12 | 13. 14. I 15. 16 17 You have been presented with the following information below on which you are expected to help the MMC finance. The municipality for the month of June 2018 bought 1 000 000kw from Eskom at R1.81 per kw. The electricity is sold to prepaid and post-paid customer, at a rate of R2.25, 50% of electricity has been sold to prepaid customers and 15% sold to post-paid customers during the month of June 2018. The municipality has only paid 50% of the electricity purchase as at the end of June 2018. The municipality has a good payment rate from the post-paid customer amounting to 95% of their current balance. The municipality received an equitable share amounting to R 19 000 000 for the coming quarter ending 30 June 2018 over and over and above a conditional grant amounting to R5 million was deposited in the municipality account on the same date. Required Process all the required general journal based on the information below. 20 I View Help Tell me what you want to do EL AaBbCcDd bccpa I No Spac... Heading 1 Heading 2 I Normal Title Subtitle Subtle Em... h Styles 1 2. 3.1 4 5 1. 6 T7 8 9 1 10 1 11 | 12 | 13. 14. I 15. 16 17 You have been presented with the following information below on which you are expected to help the MMC finance. The municipality for the month of June 2018 bought 1 000 000kw from Eskom at R1.81 per kw. The electricity is sold to prepaid and post-paid customer, at a rate of R2.25, 50% of electricity has been sold to prepaid customers and 15% sold to post-paid customers during the month of June 2018. The municipality has only paid 50% of the electricity purchase as at the end of June 2018. The municipality has a good payment rate from the post-paid customer amounting to 95% of their current balance. The municipality received an equitable share amounting to R 19 000 000 for the coming quarter ending 30 June 2018 over and over and above a conditional grant amounting to R5 million was deposited in the municipality account on the same date. Required Process all the required general journal based on the information below. 20

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