Annexure A You have been provided with the following information for Fred Ltd, Ted Ltd, Pet Ltd and Ketty Ltd who supplies stationary products to Empire Stationary Ltd. The following transactions occurred during the month of September 2022 Date Transaction details 1 September 2022 Opening balance: Fred Ltd R 21 665 : Ted Ltd R 20 260 : Pet Ltd R 14 600 4 September 2022 Made credit purchases from Ketty Ltd R 4 900 and invoice number IV-10 was received. 5 September 2022 Returned goods valued at R500 to Ketty Ltd , and received their credit note CN 10. 7 September 2022 Made credit purchases from Ketty Ltd R 6 000.and invoice number IV 11 8 September 2022 Cheque payment to Ketty Ltd settled in full the outstanding amount. Cheque number R111.. 10 September 2022 Credit purchases from Fred Ltd, R 19 100 and received Invoice number IV-101 was received. 12 September 2022 Cheque payment to Ted Ltd in full settlement of the amount owed. Cheque number R112 15 September 2022 Credit purchases from Pet Ltd amounted to R 23 319. Invoice number IV-202. 19 September 2022 Made a payment by cheque to Pet Ltd R5 700. Cheque number R113 20 September 2022 Credit purchases from Ted Ltd R 10 240. Invoice number IV -301 21 September 2022 Returned goods to Fred Ltd worth R 1 800 , the goods were previously bought on credit and received their credit note number CNT 11 22 September 2022 Cheq Question Calculate the balance owed by Empire Stationary Ltd to its creditors at the end of September 2022.
Annexure A
You have been provided with the following information for Fred Ltd, Ted Ltd, Pet Ltd and Ketty Ltd who supplies stationary products to Empire Stationary Ltd. The following transactions occurred during the month of September 2022
Date |
Transaction details |
1 September 2022 |
Opening balance: Fred Ltd R 21 665 |
|
: Ted Ltd R 20 260 |
|
: Pet Ltd R 14 600 |
4 September 2022 |
Made credit purchases from Ketty Ltd R 4 900 and invoice number IV-10 was received. |
5 September 2022 |
Returned goods valued at R500 to Ketty Ltd , and received their credit note CN 10. |
7 September 2022 |
Made credit purchases from Ketty Ltd R 6 000.and invoice number IV 11 |
8 September 2022 |
Cheque payment to Ketty Ltd settled in full the outstanding amount. Cheque number R111.. |
10 September 2022 |
Credit purchases from Fred Ltd, R 19 100 and received Invoice number IV-101 was received. |
12 September 2022 |
Cheque payment to Ted Ltd in full settlement of the amount owed. Cheque number R112 |
15 September 2022 |
Credit purchases from Pet Ltd amounted to R 23 319. Invoice number IV-202. |
19 September 2022 |
Made a payment by cheque to Pet Ltd R5 700. Cheque number R113 |
20 September 2022 |
Credit purchases from Ted Ltd R 10 240. Invoice number IV -301 |
21 September 2022 |
Returned goods to Fred Ltd worth R 1 800 , the goods were previously bought on credit and received their credit note number CNT 11 |
22 September 2022 |
Cheq |
Question
Calculate the balance owed by Empire Stationary Ltd to its creditors at the end of
September 2022.
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