Lecture_Week_4.ppt

Lecture_Week_4.ppt - Class Example 1 The owner contributed...

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Class Example 1: The owner contributed R16 000 to start a business. Class Example 2: Bought a vehicle for cash R65 000 Class Example 3: Paid Rent for the month R1 800
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Lecture Example 1: The owner G.Gardiner contributed R80 000 towards the start of his gardening service. GG Gardening Purchased a second hand vehicle for cash R30 000 from AC Motors Paid Rent for the first month R1 600 Bought gardening equipment on credit from Creditors Inc R40 000
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Rendered a service to Ms. Daisy and received R1 500 Rendered a service to R. Rose on credit R2 200 Paid wages to employees R1 800 Bought stationery from NCA stationers R250 Required: Record the transactions in three primary accounts
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  • Fall '19
  • SEPTA Regional Rail, Class Example

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