2020 SACSS 3N POA EOY P1 Q1
1 Almanda owns a trading firm. The following are business transactions with Trisha for the month of December 2019. Trade receivable – Trisha account Date…
1 Almanda owns a trading firm. The following are business transactions with Trisha for the month of December 2019. Trade receivable – Trisha account Date…
7 Ernest buys and sells computers. At the financial year end on 31 March 2020, he supplied the following information. $ Computers, 1 March…
6 The following balances were extracted from the books of Ash, a florist on 31 August 2020. $ Cost of sales 123 860 Sales…
4 Fatin is a grocery distributor. The following transactions took place in the month of May 2020. 2020 May 1 Capital balance …
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]…
2 Ahmad owns a bakery. The following balances were extracted from his books on 30 June 2020. $ Fixtures and fittings 85 000 Trade…
1 Tania is a retailer, selling bags. REQUIRED a. Classify the items in the table by placing a tick (√) in the appropriate column. [6]…
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