Date 2022 Jun 01 S Ash deposited capital into the business bank account 05 The business obtained a loan from LTC Bank 07 Acquired a vehicle and settled the purchase price by cheque 08 Bought cleaning material from AD Suppliers on credit 10 Invoiced Dekker Hotel for cleaning services rendered 12 Received a cheque from Dekker Hotel and deposited it in the bank account Paid Salaries by cheque Transactions 14 16 An advert was published in the daily news. This is payable in 30 days 25 S Ash transferred his personal equipment into the business 30 Stationery on hand Required: Analyse the above transactions in tabular form as follows: A/C.DEBIT A/C.CREDIT A = E+ Amount R 80 000 15 000 25 000 500 1 000 500 1 500 250 10 000 1 000 L

Date 2022 Jun 01 S Ash deposited capital into the business bank account 05 The business obtained a loan from LTC Bank 07 Acquired a vehicle and settled the purchase price by cheque 08 Bought cleaning material from AD Suppliers on credit 10 Invoiced Dekker Hotel for cleaning services rendered 12 Received a cheque from Dekker Hotel and deposited it in the bank account Paid Salaries by cheque Transactions 14 16 An advert was published in the daily news. This is payable in 30 days 25 S Ash transferred his personal equipment into the business 30 Stationery on hand Required: Analyse the above transactions in tabular form as follows: A/C.DEBIT A/C.CREDIT A = E+ Amount R 80 000 15 000 25 000 500 1 000 500 1 500 250 10 000 1 000 L

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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