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    Category: Trade receivables

    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]…

    caleb April 8, 2021

    2020 JYSS 3N POA EOY P2 Q2

    2  Ahmad owns a bakery. The following balances were extracted from his books on 30 June 2020.   $ Fixtures and fittings 85 000 Trade…

    caleb April 8, 2021

    2020 JYSS 3N POA EOY P2 Q1

    1 Tania is a retailer, selling bags. REQUIRED a. Classify the items in the table by placing a tick (√) in the appropriate column. [6]…

    caleb April 8, 2021

    2020 NAS 3E POA EOY P2 Q4

    4 Autobot Trader buys and sells car accessories on credit. An extract from the business’ books on 1 September 2020 showed the following balances.  …

    caleb April 7, 2021

    2020 NAS 3E POA EOY P1 Q3

    3 Fitness Legend operates a gym and collects monthly membership fees from its customers. They also sell gym memberships to corporate clients on credit. The…

    caleb April 7, 2021

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