2020 BGSS 3N POA EOY P1 Q3
3 Mickey started his business on 1 August 2020. During the first week of trading, Mickey’s business transactions included the following: 1. Mickey contributed money…
Category: Double Entry Recording
2020 BGSS 3E POA EOY P1 Q3
3 The following transactions took place in Vicky Trading for the month of May 2020. May 4 The business purchased $3 200 worth of goods…
2020 PHS 3N POA EOY P1 Q1
1 Nopia Noodles is in the business of selling gluten-free and low-GI noodles. The following transactions took place in the month of October 2019. 2019…
2020 PHS 3N POA EOY P1 Q2
2 Anson Apples sells premium Fuji apples. On 1 February 2020, the business had cash at bank balance of $1 900. The following transactions took…
2020 USS 3N POA EOY P1 Q2
2 Mary Ann is a sole trader. Her transactions for September 2020 included the following. 1. Received a cheque for goods sold to a customer…
2020 SACSS 3N POA EOY P1 Q2
2 REQUIRED a. Explain what ‘double entry’ means. [1] b. State the double entries for the following transactions. [6] Date Transaction Account to debit Account…
2020 JYSS 3E POA EOY P2 Q6
6 Yong Trading buys and sells toys. The business bought toys from Deng on credit. The following transactions with Deng, took place in the month…
2020 JYSS 3N POA EOY P2 Q3
3 Angie is confused of some of the terms in her financial statements. REQUIRED a. Explain the difference between cash transaction and credit transaction. [2]…