from the accounting records of Kiddy Krafts Traders for the year
ended 31March 2022
- The Following Balances Were Taken From The Accounting Records Of Kiddy Krafts Traders For The Year Ended 31march 2022 1 (82.06 KiB) Viewed 22 times
The following balances were taken from the accounting records of Kiddy Krafts Traders for the year ended 31March 2022
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The following balances were taken from the accounting records of Kiddy Krafts Traders for the year ended 31March 2022
The following balances were taken
from the accounting records of Kiddy Krafts Traders for the year
ended 31March 2022
The following balances were taken from the accounting records of Kiddy Krafts Traders for the year ended 31 March 2022 Kiddy Kraft (Pty) Ltd Debit Credit Capital (1 April 2021) 525 000 Mortgage: ABSA Bank 415 500 Land and buildings at cost 715 500 Vehicles at cost 115 500 Equipment at cost 45 500 Accumulated depreciation vehicles (1 April 2021) 40 500 Accumulated depreciation Equipment (1 April 2021) 24 500 Fixed deposit Investment Bank 105 500 Inventory 65500 Debtors control account 35 500 Allowance for credit losses 19 000 Bank (favourable) 108 200 Creditor's control 54 000 Accrued expenses 32 500 VAT payable 20 500 Cash float 17 000 Petty cash 18 000 Sales 1063 750 Discounts: sales 65 750 Cost of sales 700 900 Rental income 55 500 Interest on loan: SBSA 28 250 Telephone & internet 32 500 Water and electricity 35 000 Salaries and wages 85 150 Insurance 31500 Advertising 45 500 Depreciation 2 250 750 2 250 750
from the accounting records of Kiddy Krafts Traders for the year
ended 31March 2022
The following balances were taken from the accounting records of Kiddy Krafts Traders for the year ended 31 March 2022 Kiddy Kraft (Pty) Ltd Debit Credit Capital (1 April 2021) 525 000 Mortgage: ABSA Bank 415 500 Land and buildings at cost 715 500 Vehicles at cost 115 500 Equipment at cost 45 500 Accumulated depreciation vehicles (1 April 2021) 40 500 Accumulated depreciation Equipment (1 April 2021) 24 500 Fixed deposit Investment Bank 105 500 Inventory 65500 Debtors control account 35 500 Allowance for credit losses 19 000 Bank (favourable) 108 200 Creditor's control 54 000 Accrued expenses 32 500 VAT payable 20 500 Cash float 17 000 Petty cash 18 000 Sales 1063 750 Discounts: sales 65 750 Cost of sales 700 900 Rental income 55 500 Interest on loan: SBSA 28 250 Telephone & internet 32 500 Water and electricity 35 000 Salaries and wages 85 150 Insurance 31500 Advertising 45 500 Depreciation 2 250 750 2 250 750
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