Question: 1 4 : 1 7 4 G 4 5 widehat ( ) ) Q . 2 . 1 On 2 March 2 0 2 5

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Q.2.1 On 2 March 2025, Khayelihle Designs completed the following transaction:
Purchase Office Equipment from M. Akro Suppliers for R6000 cash.
Based on this transaction, answer the following questions:
Q.2.1.1 Identify the account/s to be debited and credited to record this
(2) transaction in the March general ledger of Khayelihle Designs.
Q.2.1.2 Classify each of the accounts correctly. That is, asset, liability, income
(2) expense, etc., and for assets and liabilities, also specify if it is non-current or current.
Q.2.1.3 Identify the source document used by Khayelihle Designs to record this
(1) transaction in the cash journals.
Q.2.2 State the double entries (Account Debit; Account Credit) for each of the transactions provided below:
Q.2.2.1 The tenant paid the monthly rental of R4500 to Khayelihle Designs.
(2)
Q.2.2.2 Purchased a vehicle for deliveries pay with EFT.
Q.2.2.3 Sizwe took R250 from petty cash to pay for his personal gym account.
Q.2.2.4 Bought a printer on credit from W. Altons CC for R9540.
Q.2.2.5 Sizwe deposited another R50000 as a capital contribution into
(2)
4
(2) Khayelihle Designs' bank account.
Q.2.3 As Khayelihle Designs expands, Sizwe prioritises accurate financial record-keeping to support smooth operations.
Identify in each of the following scenarios what source document(s) Khayelihle Designs would use to record the transaction in the relevant journal and indicate if the document will be an original or duplicate.
Q.2.3.1 Sizwe purchases a second-hand wood saw for his furniture business from
(2) a local supplier. He pays via EFT.
Q.2.3.2 Sizwe's assistant goes to the bank to deposit the day's sales takings.
Q.2.3.3 Purchased reclaimed wood on credit from Re-Claim-Wood.
Q.2.3.4 Sizwe's team member goes to the corner shop to get milk for coffee to
(2)
(2)
(2) be served during a client meeting.
The Independent Institute of Education (Pty) Ltd 2025
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