Description
FAC1502 May/June (Exam) Memo | Due 7 June 2026. All questions fully answered. On 25 October 20.4 Botl1a Spaza had a favourable bank balance ofR4 870. On 28 October 20.4 the bookkeeper of
Botha Spaza made an EFT to Telkom to pay the amount of R6 880 for the telephone expenses for September 20.4.
The correct NET effect of the transaction on each element of the basic accounting equation in the books of
Botha Spaza is …
Instructions:
l. Use a full stop lO indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. A decrease in an amounl roust be indicated by using a negative sign in front of the amount (eg: -1000.01)
4. An increase must be indicated by the amount without any sign (eg: 1000.01)
5. If an option is not applicable, please indicate with a zero “0”.
Reviews
There are no reviews yet.