Question 2 (10 marks) The following transactions took place in the books of Mirage (Pty) Ltd...

Transcribed Image Text:

Question 2 (10 marks) The following transactions took place in the books of Mirage (Pty) Ltd in the month of June 2022. As a junior accountant, you have been tasked with the classification of accounts. Note: use the template provided and ignore VAT. An example has been provided for you. Example: Inventory to the value of R6 000 was stolen. 1. 2. 3. 4. 5. Cash sales were made to the value of R7 800. Salaries were not paid at the end of December; they amounted to R18 900. Rent expenses paid amounted to R3 900. Credit sales were made to a customer, R1 900. Depreciation for the month of R3 400 still needs to be accounted for. Using the template provided below, classify the account to be debited, the account to be credited and the journal in which the transaction will be recorded. Insert the amount in the amount column. Date Dr Cr Amount (R) Journal Example Loss from theft/COS Inventory 6.000 GJ 1. 2. 3. 4. 5. Question 2 (10 marks) The following transactions took place in the books of Mirage (Pty) Ltd in the month of June 2022. As a junior accountant, you have been tasked with the classification of accounts. Note: use the template provided and ignore VAT. An example has been provided for you. Example: Inventory to the value of R6 000 was stolen. 1. 2. 3. 4. 5. Cash sales were made to the value of R7 800. Salaries were not paid at the end of December; they amounted to R18 900. Rent expenses paid amounted to R3 900. Credit sales were made to a customer, R1 900. Depreciation for the month of R3 400 still needs to be accounted for. Using the template provided below, classify the account to be debited, the account to be credited and the journal in which the transaction will be recorded. Insert the amount in the amount column. Date Dr Cr Amount (R) Journal Example Loss from theft/COS Inventory 6.000 GJ 1. 2. 3. 4. 5.