subject
Mathematics, 23.02.2021 21:30 Gabby7047

Ppropuduun dll) Uue aujusutens veuw. Hindle WICH tilal account will from
hent of
INFORMATION:
Extract from the Pre-Adjustment Trial Balance on 28 February 2020
ary She
Debit
Credit
2 800 000
1 250 000
525 000
13 100
42 300
Depo:
and B
icles
cumule
uipme
ccumu
rading
Consu
Debt
Provi
SAR
Noi
Ordinary Share Capital (1 March 2019) (500 000 shares)
Loan: WSB Bank
Debtors Control
Unemployment Insurance Fund
(UIF)
Futura Pension fund
Sales
Cost of Sales
Commission Income
Audit fees
Bad Debts
Directors' fees
Salaries
Employer's contributions
4275 000
132 0002
73 500
14 520
497 800
950 000
101 000
pomene
Sa
Mon
1500- bio
960
ре
Adjustments and additional information:
(a) The company maintains a mark-up of 50% on cost. Old goods, costing R95 000 (included in cost of
sales) were sold at 10% below cost price.
(b) A supplier has not paid the commission for February 2020.
1600 x docence
(c) J. Mitchell, a debtor owing R1 600, was previously written off as bad debts. His insolvent estate paid
out 40 cents in the rand on 25 February 2020. The amount received has not yet been entered.
(d) One of the employee's salary for February 2020 was omitted on the Salaries Journal. His details were:
Gross salary:
R16 600. Salary workers are not legible for overtime pay.
Employee deductions: UIF: 1% of the gross salary
Pension fund: 8% of the basic salary.
Employer's contributions: UIF and Pension Fund: a rand-for-rand basis
(e) 75% of the annual audit fees have been paid.
(f) The company has three directors who earn the same fee. One director received was paid two months
in advance.
A​

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 20:30
Acircle has a circumference of 7.850 units. what is its radius?
Answers: 2
question
Mathematics, 22.06.2019 00:20
G. how many different 6-letter arrangements can be formed using the letters in the word absent, if each letter is used only once? a. 6 b. 36 c. 720 d. 46,656
Answers: 1
question
Mathematics, 22.06.2019 03:00
Gabrielle's age is three times mikhail's age. the sum of their ages is 40 . what is mikhail's age? __ years old
Answers: 2
question
Mathematics, 22.06.2019 04:00
You are choosing between two health clubs. club a offers membership for a fee of $ 28 plus a monthly fee of $ 20. club b offers membership for a fee of $ 20 plus a monthly fee of $ 22. after how many months will the total cost of each health club be the same? what will be the total cost for each club? in __ months the total cost of each health club will be the same.
Answers: 1
You know the right answer?
Ppropuduun dll) Uue aujusutens veuw. Hindle WICH tilal account will from
hent of
INFORMAT...
Questions
question
Mathematics, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Physics, 18.09.2020 19:01
question
Geography, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Geography, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Social Studies, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
English, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Biology, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
question
Mathematics, 18.09.2020 19:01
Questions on the website: 13722367