Question: Question 2 . 2 [ 2 2 marks, 2 0 minutes ] Use the following information below to complete the table in the answer sheet
Question
marks, minutes
Use the following information below to complete the table in the answer
sheet for Mzansi Boutique for the month of June
Sold goods on credit to P Peter. Invoice issued, R
Received an EFT payment of R from Ms S Shell. This was to
settle her account of R
Purchased trading stock from Peacock Traders, R and paid via
EFT.
The owner took goods with a selling price of R for personal use.
Returned goods previously purchased from Hardware Inc. for R
because the goods are damaged. We received a discount on the
goods when we made the purchase.
During the debit order run, we collected funds from Mr Solomons's
account R however, according to the bank statement his
account had insufficient funds.
Mr Solomons will not be able to settle his account of R and the
owner has decided to write this off as irrecoverable. Bank fees as
per the bank statement, R Interest on favourable bank
balance according to the bank statement, R
Question
tableNoDebit,Credit,Amount,Debtors control,Creditors controlDebitCredit,Debit,Credit
PLEASE AWNSER IN GIVEN AWNSER PAPERR
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