03 March 2022 ●Crisswork • CASH TRANSACTIONS • WORK WITH ACTIVITY • Credit Card Transaction • On 17 April 2021 AK Traders sold goods for R340 by credit card to M Moody. The cost price on goods sold, R260. CRJ1 • CASH RECEIPTS JOURNAL OF AK TRADERS - APRIL 2016 Doc D Details F Analysis Cost No Of receipts Bank Sales Of Sales

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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03 Nbch z02
CSSWOK
• CASH TRANSACTIONS
• WORK WITH ACTIVITY
• Credit Card Transaction
• On 17 April 2021 AK Traders sold goods for R340 by credit card to M Moody. The cost
price on goods sold, R260.
CASH RECEIPTS JOURNAL OF AK TRADERS- APRIL 2016
Doc
CRJ1
Cost
Details
F
Analysis
No
Of receipts
Bank
Sales
Of
Sales
01 Ac Troder
GENERAL LEDGER OF AK TRADERS
BALANCE SHEET ACCOUNTS SECTION
DR
TRADING STOCK
B5
CR
NOMINAL ACCOUNTS SECTION
DR
SALES
N1
CR
DR
COST OF SALES
N2
CR
Banis
EFFECT ON THE ACCOUNTING EQUATION
Account
Account credit
A
Source document
Debit
E AV
+1
Transcribed Image Text:03 Nbch z02 CSSWOK • CASH TRANSACTIONS • WORK WITH ACTIVITY • Credit Card Transaction • On 17 April 2021 AK Traders sold goods for R340 by credit card to M Moody. The cost price on goods sold, R260. CASH RECEIPTS JOURNAL OF AK TRADERS- APRIL 2016 Doc CRJ1 Cost Details F Analysis No Of receipts Bank Sales Of Sales 01 Ac Troder GENERAL LEDGER OF AK TRADERS BALANCE SHEET ACCOUNTS SECTION DR TRADING STOCK B5 CR NOMINAL ACCOUNTS SECTION DR SALES N1 CR DR COST OF SALES N2 CR Banis EFFECT ON THE ACCOUNTING EQUATION Account Account credit A Source document Debit E AV +1
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