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Complete the three acco 1 September 20.3 to 30

Complete the three acco 1 September 20.3 to 30

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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DR. VEHICLES B12 CR. 20.3 20.6 Sept 1 Bank CPJ 480 000 March 31 Asset Disposal 120 000 Balance c/d 360 000 480 000 480 000 20.6 20.6 Apr May c/d 1 Balance 1 Bank 360 000 240 000 b/d June 30 Balance B13 CR. DR. ACCUMULATED DEPRECIATION ON VEHICLES 20.6 20.4 June 30 Depreciation March 31 Assets Disposal 30 Balance ? June c/d ? 20.5 June 30 Depreciation 20.6 March 31 Depreciation 30 Depreciation June Jul 1 Balance b/d ASSETS DISPOSAL CR. DR. 20.6 20.6 March 31 ? March 3 Debtors Control 69 500 ? ACTIVITY 2.18 The following information is
Transcribed Image Text:DR. VEHICLES B12 CR. 20.3 20.6 Sept 1 Bank CPJ 480 000 March 31 Asset Disposal 120 000 Balance c/d 360 000 480 000 480 000 20.6 20.6 Apr May c/d 1 Balance 1 Bank 360 000 240 000 b/d June 30 Balance B13 CR. DR. ACCUMULATED DEPRECIATION ON VEHICLES 20.6 20.4 June 30 Depreciation March 31 Assets Disposal 30 Balance ? June c/d ? 20.5 June 30 Depreciation 20.6 March 31 Depreciation 30 Depreciation June Jul 1 Balance b/d ASSETS DISPOSAL CR. DR. 20.6 20.6 March 31 ? March 3 Debtors Control 69 500 ? ACTIVITY 2.18 The following information is
27600 -12 750 14 850 ACTIVITY 2.17 The information below was taken from the books of Pat Traders. The business provides for depreciation on vehicles at 20 %% per annum on the diminished balance. The accounting period ends on 30 June each year. Sept 20.5. INSTRUCTIONS: ly20 Complete the three accounts in full (including folio references) for the period 1 September 20.3 to 30 June 20.6. Show your workings. Grade 11 Learners book New Generation Accounting Grade 11
Transcribed Image Text:27600 -12 750 14 850 ACTIVITY 2.17 The information below was taken from the books of Pat Traders. The business provides for depreciation on vehicles at 20 %% per annum on the diminished balance. The accounting period ends on 30 June each year. Sept 20.5. INSTRUCTIONS: ly20 Complete the three accounts in full (including folio references) for the period 1 September 20.3 to 30 June 20.6. Show your workings. Grade 11 Learners book New Generation Accounting Grade 11
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