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You are given the following information for Vuyo and Sons Plumbers: R Services rendered for cash 150 000 Services rendered on credit 105 000 Wages and salaries 125 000 Water and electricity 15 000 Credit losses 10 000 Interest paid on an unfavourable bank balance 1 000 Credit losses recovered 1.500 Stationery 12 500 Bank charges 1150 EFT for rent paid to WR Estate Agency Interest earned on a 30 day fixed deposit Total expenses for Vuyo and Sons Plumbers is.... 22 500 5.000

You are given the following information for Vuyo and Sons Plumbers: R Services rendered for cash 150 000 Services rendered on credit 105 000 Wages and salaries 125 000 Water and electricity 15 000 Credit losses 10 000 Interest paid on an unfavourable bank balance 1 000 Credit losses recovered 1.500 Stationery 12 500 Bank charges 1150 EFT for rent paid to WR Estate Agency Interest earned on a 30 day fixed deposit Total expenses for Vuyo and Sons Plumbers is.... 22 500 5.000

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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You are given the following information for Vuyo and Sons Plumbers: R Services rendered for cash 150 000 Services rendered on credit 105 000 Wages and salaries 125 000 Water and electricity 15 000 Credit losses 10 000 Interest paid on an unfavourable bank balance 1 000 Credit losses recovered 1.500 Stationery 12 500 Bank charges 1150 EFT for rent paid to WR Estate Agency Interest earned on a 30 day fixed deposit Total expenses for Vuyo and Sons Plumbers is.... 22 500 5.000
Transcribed Image Text:You are given the following information for Vuyo and Sons Plumbers: R Services rendered for cash 150 000 Services rendered on credit 105 000 Wages and salaries 125 000 Water and electricity 15 000 Credit losses 10 000 Interest paid on an unfavourable bank balance 1 000 Credit losses recovered 1.500 Stationery 12 500 Bank charges 1150 EFT for rent paid to WR Estate Agency Interest earned on a 30 day fixed deposit Total expenses for Vuyo and Sons Plumbers is.... 22 500 5.000
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