1. Home
  2. Economic and management sciences
  3. Term 4
  4. Drawing up a trial balance

4.8 Drawing up a trial balance

<< Chapter < Page
  Economic and management sciences     Page 2 / 3
Chapter >> Page >
DATE AMOUNT
2003
April 5 R2 160
17 R3 220
25 R1 736
  • Duplicates of bank deposit slips
DATE AMOUNT
2003
April 1 R105 000
5 R 2 160
7 R 6 960
14 R 300
17 R 7 040
21 R 7 820
25 R 1 736
28 R 2 190
  • Cheque counterfoils
DATE PAYEE REASON FOR PAYMENT AMOUNT
2003
April 2 Perfectum Builders Building purchased R80 000
3 Stylish Equipment Equipment purchased R 4 500
4 Cash For change R 180
Caro Ltd. For materials purchased R 2 675
7 Cash For wages R 560
10 Trust Brokers For insurance premium R 600
14 Cash For wages R 560
Zy Wholesalers Goods purchased for cash R 5 950
Stationery purchased for cash R 180
16 Larnie Furnishers Paid amount owing R 3 760
17 Caro Ltd. Materials purchased R 2 896
Cash For wages R 560
Wesco Distributors For goods purchased R 3 875
28 Cash For wages R 560
30 J Henning Manager’s salary R 2 110
Bengo Wholesalers Amount owing to date
  • Original invoices received from providers
DATE PURCHASED FROM ITEMS/SERVICES AMOUNT
2003
April 3 Larnie Furnishers Equipment R 3 760
5 Bengo Wholesalers Goods R 8 844
6 Willow Suppliers Materials R 2 500
7 Pen and Paper Stationery R 228
9 Bengo Wholesalers Goods R 4 750
15 Toledo Motors Delivery vehicle R28 660
17 Willow Suppliers Materials R 420
Goods R 3 000
19 Pen and Paper Stationery R 106
26 Bengo Wholesalers Trading stock R 1 400
  • Duplicates of invoices issued for goods sold on credit
DATE SOLD TO AMOUNT COST PRICE
2003
April 4 V Jansen R660 R495
10 D Coetzee R890 R712
13 G Ferreira R260 R128
16 D Coetzee R106 R 84
17 V Jansen R246 R184
26 G Ferreira R340 R272

DEBTORS JOURNAL OF HATTING DEALERS – APRIL 2003 DJ 3.7.1

In-voice Day Debtors Fol. Sales Selling costs

CASH RECEIPTS JOURNAL OF HATTING DEALERS - APRIL 2003 CRJ 3.7.1

Doc. Day Details Fol. Analysis Bank Sales Selling costs Current income Debtors Control
Sundries accounts
Amount Fol. Details

CREDITORS JOURNAL OF HATTING DEALERS – APRIL 2003 CJ 3.7.1

In-voice Day Creditors Creditors control Trading inventory Stationery Cost of materials
Sundries accounts
Amount Fol. Details

CASH PAYMENTS JOURNAL OF HATTING DEALERS - APRIL 2003 CPJ 3.7.1

Doc. Day Name of beneficiary Fol. Bank Trading inventory Cost of materials Wages Creditors control
Sundries accounts
Amount Fol. Details

Asessment

Learning Outcomes(LOs)
LO 3
MANAGERIAL, Consumer and Financial Knowledge and SkillsThe learner will be able to demonstrate knowledge and the ability to apply responsibly a range of managerial, consumer and financial skills.
Assessment Standards(ASs)
We know this if the learner :
3.1 completes a basic income statement and balance sheet for a service and retail business;
3.2 investigates the public relations, social responsibility and environmental responsibility strategies and actions of different businesses and organisations;
3.3 completes cash and credit transactions in the books of service and retail businesses;
3.4 uses keyboard skills and function keys in developing, storing, retrieving and editing business documentation;
3.5 analyses financial statements for decision-making at a basic level;
3.6 differentiates between the forms of credit purchases.

Memorandum

ACTIVITY 1

ASSIGNMENT 1

TRIAL BALANCE OF ENSLIN DEALERS AS AT 30 NOVEMBER 2003

Dt. Cr.
Balance Sheet section
Capital B1 30 000
Withdrawals B2 100
Vehicles B3 7 800
Equipment B4 4 640
Trading inventory B5 2 710
Debtors control B6 2 750
Bank B7 21 345
Creditors control B8 11 253
Nominal Accounts section
Sales N1 6 500
Cost price of sales N2 4 960
Wages N3 300
Stationery N4 652
Telephone N5 135
Packaging material N6 1 740
Repairs N7 621
Totals 47 753 47 753

Questions & Answers

what is defense mechanism
Chinaza Reply
what is defense mechanisms
Chinaza
I'm interested in biological psychology and cognitive psychology
Tanya Reply
what does preconceived mean
sammie Reply
physiological Psychology
Nwosu Reply
How can I develope my cognitive domain
Amanyire Reply
why is communication effective
Dakolo Reply
Communication is effective because it allows individuals to share ideas, thoughts, and information with others.
effective communication can lead to improved outcomes in various settings, including personal relationships, business environments, and educational settings. By communicating effectively, individuals can negotiate effectively, solve problems collaboratively, and work towards common goals.
it starts up serve and return practice/assessments.it helps find voice talking therapy also assessments through relaxed conversation.
miss
Every time someone flushes a toilet in the apartment building, the person begins to jumb back automatically after hearing the flush, before the water temperature changes. Identify the types of learning, if it is classical conditioning identify the NS, UCS, CS and CR. If it is operant conditioning, identify the type of consequence positive reinforcement, negative reinforcement or punishment
Wekolamo Reply
please i need answer
Wekolamo
because it helps many people around the world to understand how to interact with other people and understand them well, for example at work (job).
Manix Reply
Agreed 👍 There are many parts of our brains and behaviors, we really need to get to know. Blessings for everyone and happy Sunday!
ARC
A child is a member of community not society elucidate ?
JESSY Reply
Isn't practices worldwide, be it psychology, be it science. isn't much just a false belief of control over something the mind cannot truly comprehend?
Simon Reply
compare and contrast skinner's perspective on personality development on freud
namakula Reply
Skinner skipped the whole unconscious phenomenon and rather emphasized on classical conditioning
war
explain how nature and nurture affect the development and later the productivity of an individual.
Amesalu Reply
nature is an hereditary factor while nurture is an environmental factor which constitute an individual personality. so if an individual's parent has a deviant behavior and was also brought up in an deviant environment, observation of the behavior and the inborn trait we make the individual deviant.
Samuel
I am taking this course because I am hoping that I could somehow learn more about my chosen field of interest and due to the fact that being a PsyD really ignites my passion as an individual the more I hope to learn about developing and literally explore the complexity of my critical thinking skills
Zyryn Reply
good👍
Jonathan
and having a good philosophy of the world is like a sandwich and a peanut butter 👍
Jonathan
generally amnesi how long yrs memory loss
Kelu Reply
interpersonal relationships
Abdulfatai Reply
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply
<< Chapter < Page Page > Chapter >>

Read also:

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Economic and management sciences grade 9. OpenStax CNX. Sep 15, 2009 Download for free at http://cnx.org/content/col11074/1.1
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Economic and management sciences grade 9' conversation and receive update notifications?

Ask