Complete the Debtors' Collection Schedule for May and June 2 0 2 3 . ( 8 )
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Complete the Debtors' Collection Schedule for May and June Calculate the capital amount for the fixed deposit that was invested on April Note that interest at pa s recelved al the end of each month.Complete the Cash Budget for May and June Grade Extract from the Trial Balances:Land and buildingsVehicleAccumulated depreciation on vehicleEquipmentAccumulated depreciation on equipmentINFORMATION:BCDLand and buildings:Tonga Construction and House Plans sent an invoice on August to Time Zone Watches after the completion of the new storage facilities. The full invoice amount was paid and debited against land and buildings. However, the auditor found that repairs to the old storage room, R were included in the invoice.Correct the error.Vehicles:The business has only one vehicle.The depreciation rate is pa on cost price.Equiment:A photocopy machine was traded in on November forR for a better model. The cost price of the new model delivered on December was RThe fixed asset register reflected the following:Category:Model:Date purchased:Cost price:Depreciation rate:Date Februarie November Photocopy machineKodak March R on disminshing balance methodDepreciationRCarring valueR
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