On 1 March 20.21 Sithole's Restaurant purchased chairs and tables for the restaurant for R180 000...
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On 1 March 20.21 Sithole's Restaurant purchased chairs and tables for the restaurant for R180 000 cash. The correct analysis of the effect of the given transaction on the general ledger and the accounting equation is Instructions: 1. Drag the correct answer into the correct space (cell phone click on the answer and click on the place where you want to place the amount - also keep your cell phone horizontal when doing the question). 2. An option can be used more than once. SITHOLE'S RESTAURANT Date 20.21 Mar 1 General ledger Account Account debited credited Dr R A = Cr R Dr R Bank Chairs and tables Trade payables control Inventory Purchases Furniture 180 000 E+ Equipment Cr R 0 Dr R L Cr On 1 March 20.21 Sithole's Restaurant purchased chairs and tables for the restaurant for R180 000 cash. The correct analysis of the effect of the given transaction on the general ledger and the accounting equation is Instructions: 1. Drag the correct answer into the correct space (cell phone click on the answer and click on the place where you want to place the amount - also keep your cell phone horizontal when doing the question). 2. An option can be used more than once. SITHOLE'S RESTAURANT Date 20.21 Mar 1 General ledger Account Account debited credited Dr R A = Cr R Dr R Bank Chairs and tables Trade payables control Inventory Purchases Furniture 180 000 E+ Equipment Cr R 0 Dr R L Cr
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General Ledger Debit Chairs and tables R180000 Credit Bank R180000 Accounting Equation Assets Liabil... View the full answer
Related Book For
College Accounting Chapters 1-30
ISBN: 978-1259631115
15th edition
Authors: John Price, M. David Haddock, Michael Farina
Posted Date:
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