2020 SMSS 3E POA EOY P2 Q2
2 The following transactions of Joyful Apparel took place in the month of August 2020. 2020 Aug 1 Jane started Joyful Apparel with $10…
2 The following transactions of Joyful Apparel took place in the month of August 2020. 2020 Aug 1 Jane started Joyful Apparel with $10…
1 Ariel is thinking to being a sole proprietor and setting up a pet grooming business. a. List two features of a sole proprietorship. [2]…
1 Natasha is a sole trader selling display ornaments. REQUIRED a. Explain the following terms: [2] i. Assets ii. Liabilities b. Name two stakeholders of…
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…
1 Shane started a business, Sheng Yang Store on 1 May 2020. He carried out a number of transactions in the month of May 2020.…
4 The following transactions were extracted from the books of Orion Trading. 1. Owner contributed $5 000 cash into the business bank account. 2. Paid…
7 Figo’s financial year ends on 30 September. No record had been made in the accounts during the year ended 30 September 2020 for the…
4 Fatin is a grocery distributor. The following transactions took place in the month of May 2020. 2020 May 1 Capital balance …
2 Ahmad owns a bakery. The following balances were extracted from his books on 30 June 2020. $ Fixtures and fittings 85 000 Trade…
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