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Analyse the above transactions in tabular form as follows: A/C.DEBIT A/C.CREDIT A E+

Analyse the above transactions in tabular form as follows: A/C.DEBIT A/C.CREDIT A E+

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The transactions below relates to T Tasco for the month ended 30 April 2023. Date Transactions Amount 2023 Apr 01 Deposited capital in business bank account 05 Received a cheque for services rendered 07 Purchased stationery on credit from Steyn Stationers. 08 Debited Olivier for services rendered. 12 Paid Steyn Stationers cash. 14 Paid telephone account via EFT R 120.000 20 000 1.500 5500 750 1.000 4250 20 Acquired motor vehicle on credit from TATA Motors 25 000 22 Paid TATA Motors cash. 25 T Tasco drew a cheque for private use. 10 000 16 Received a cheque from Olivier. 6.000 Required: Analyse the above transactions in tabular form as follows: A/C DEBIT A/C.CREDIT A => E+ L
Transcribed Image Text:The transactions below relates to T Tasco for the month ended 30 April 2023. Date Transactions Amount 2023 Apr 01 Deposited capital in business bank account 05 Received a cheque for services rendered 07 Purchased stationery on credit from Steyn Stationers. 08 Debited Olivier for services rendered. 12 Paid Steyn Stationers cash. 14 Paid telephone account via EFT R 120.000 20 000 1.500 5500 750 1.000 4250 20 Acquired motor vehicle on credit from TATA Motors 25 000 22 Paid TATA Motors cash. 25 T Tasco drew a cheque for private use. 10 000 16 Received a cheque from Olivier. 6.000 Required: Analyse the above transactions in tabular form as follows: A/C DEBIT A/C.CREDIT A => E+ L
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