Accounting

Capital Cr R668 635 Retained earnings Cr R545 585 Bank loan (12%) Cr R339 840 Furniture Dr R308 161 Motor vehicles, at cost Dr R531 000 Investment:Fixed deposit account Dr R178 416 Inventory (1January 2023) Dr 410 640 Trade receivables Dr R286 457 Prepaid insurance Dr R163 123 Stationary on hand Dr R53 666 Cash at bank Dr R316 448 Trade payables Cr R264 226 Sales Cr R1 399 008 Fees income Cr R337 008 Interest income Cr R8 921 Purchases Dr R613 128 Sales returns Dr R60 888 Drawings Dr R96 337 Carriage outwards Dr R21 948 Rent expense Dr R210 701 Salaries and wages Dr R178 699 Advertising Dr R30 302 Telephone expense Dr R81 420 Interest expense Dr R40 781

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Anonymous

Feb 29

#finance #accounting #income-management

Example of income received I advance ?

Accounting

1 1

Anonymous

Feb 28

#problem-solving #accounting

Can you do accounts problem?

4 1

Anonymous

Feb 28

#fixed-capital #finance #accounting #working-capital

Explain what is the difference between fixed and Woking capital to someone Who doesn't understand ?

1 1

Anonymous

Feb 27

#finance #accounting #investing

What is an asset?

Accounting

1 1

Tumwine Godfrey

Feb 25

#answer-me #sales #economics #business #accounting

Allan bought different items and sold them at different prices. 100kgofsalt at 300,000 and sold them at 292000 ,5boxs of soap at450000 and sold them at 480000,10bxs of min wat at200k and 190k,5bxsof?

1 1

Anonymous

Feb 22

#finance #accounting

If we are given the sales and cost of sales on the debtors ledger.. which one do we post?

1 1

Anonymous

Feb 21

#accounting

Which account is affected Which account is increase or decrease Which account will be affected? Cash and capital Which account is increase or decrease?

Tsi hotel starts a business with meni 100000 cash Purchase of supply for meni 10000 on cash Purchase of laundry machine for meni 20000 on credit Pay utility expense for meni 3000 on cash Pay salary for the employee for meni 12000 on cash Sales of equipment for meni 8000 on credit

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