Power break 5.8 INDIVIDUAL Required 30 November 2016. 30 November 2016. Receipts Payments 3 650 Wages Bank 13 000 1 520 Rent expense Interest on fixed deposit 2015 Membership fees: 29 780 3 600 Membership refund 31 050 Stationery 900 Affiliation fees 1500 2016 350 2017 1 900 12 000 Entrance fees Gate takings Donations received 13 430 5 000 Additional information 1. Wages for October and November 2016 have not yet been paid. On 30 November 2016, stationery on hand is R130. 2. 3.) The fixed deposit of R50 000 was made on 1 December 2015 at FNC Bank w an interest rate of 6%. Make provision for the outstanding interest. 4. to the R5 000 of fees should be capitalsed Compile and of on
Power break 5.8 INDIVIDUAL Required 30 November 2016. 30 November 2016. Receipts Payments 3 650 Wages Bank 13 000 1 520 Rent expense Interest on fixed deposit 2015 Membership fees: 29 780 3 600 Membership refund 31 050 Stationery 900 Affiliation fees 1500 2016 350 2017 1 900 12 000 Entrance fees Gate takings Donations received 13 430 5 000 Additional information 1. Wages for October and November 2016 have not yet been paid. On 30 November 2016, stationery on hand is R130. 2. 3.) The fixed deposit of R50 000 was made on 1 December 2015 at FNC Bank w an interest rate of 6%. Make provision for the outstanding interest. 4. to the R5 000 of fees should be capitalsed Compile and of on
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![MemberSI ip
2015
500 Affiliation fees
350
1 900
2016
8 000
Entrance fees
3 265
Gate takings
Donations received
3 800
Power break 5.8 INDIVIDUAL
Required
30 November 2016.
30 November 2016.
Receipts
Payments
3 650 Wages
1520 Rent expense
3 600 Membership refund
Bank
13 000
Interest on fixed deposit
29 780
Membership fees:
2015
1500
2016
31 050 Stationery
350
2017
900 Affiliation fees
1 900
Entrance fees
12 000
Gate takings
13 430
Donations received
5 000
Additional information
1.
Wages for October and November 2016 have not yet been paid.
2.
On 30 November 2016, stationery on hand is R130.
3.) The fixed deposit of R50 000 was made on 1 December 2015 at FNC Bank we
an interest rate of 6%. Make provision for the outstanding interest.
4.
According to the R5 000 of fees should be capitalised.
Compile the and of Golf Club on](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe29e3ca3-bb64-4e28-adfc-0b690051961d%2F4835686a-5385-4b9e-8cdf-0998bd1fea63%2Fyre68o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:MemberSI ip
2015
500 Affiliation fees
350
1 900
2016
8 000
Entrance fees
3 265
Gate takings
Donations received
3 800
Power break 5.8 INDIVIDUAL
Required
30 November 2016.
30 November 2016.
Receipts
Payments
3 650 Wages
1520 Rent expense
3 600 Membership refund
Bank
13 000
Interest on fixed deposit
29 780
Membership fees:
2015
1500
2016
31 050 Stationery
350
2017
900 Affiliation fees
1 900
Entrance fees
12 000
Gate takings
13 430
Donations received
5 000
Additional information
1.
Wages for October and November 2016 have not yet been paid.
2.
On 30 November 2016, stationery on hand is R130.
3.) The fixed deposit of R50 000 was made on 1 December 2015 at FNC Bank we
an interest rate of 6%. Make provision for the outstanding interest.
4.
According to the R5 000 of fees should be capitalised.
Compile the and of Golf Club on
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