<< Chapter < Page Chapter >> Page >

4 Cash sales of R625 are recorded (cp. R500)

5 Cheque 002 is paid to ZA Ltd

This is for cash purchases of trading stock, R490, and stationery, R200

6 Stationery to the value of R312 is purchased on credit from Malan and Co

Credit sales of R360 (cp. R280) to R. du Toit

8 Quick Suppliers provides goods of R2 890 on credit

9 Credit sales of R660 (cp. R420) to W. Bennett

10 Cash sales, R750 (cp. R600)

Travalia Office Suppliers delivers equipment purchased on credit for R1 310

The owner hands a cheque in the amount of R10 000 to the business to increase his capital contribution

11 Packaging material to the value of R880 is purchased on credit from Malan and Co

12 The business draws a cash cheque of R150 for wages

Credit invoice no. 119 is issued for goods sold to G. Wilmans, R890 (cp. R720)

14 Credit sales to W. Bennett, R520 (cp. R360)

15 A cheque to the value of R135 is issued to the Postmaster as payment for the telephone account

16 Credit invoice 104 is received from Quick Suppliers for goods, R3 060, and packaging material, R860

20 Cash sales to the value of R875 (cp. R700)

Cheque no. 006 in the amount of R870 is issued to ZA Ltd – R140 is for stationery and R730 for goods

21 A cash cheque to the value of R250 is drawn – R150 is for wages and R100 for fuel for the owner’s private vehicle

Goods to the value of R320 (cp. R180) are sold on credit to R. du Toit

22 A computer belonging to the business is repaired on credit, R621

30 Cheque no. 008 is issued to AN Manufacturers for goods, R500, and equipment, R700

Cash sales of R1 000 (cp. R800)

DEBTORS JOURNAL OF ENSLIN DEALERS – NOVEMBER 2003 DJ 3.4.1

In-voice Day Debtors Fol. Sales Selling costs

CASH RECEIPTS JOURNAL OF ENSLIN DEALERS - NOVEMBER 2003 CRJ 3.4.1

Doc. Day Details Fol. Analysis Bank Sales Selling costs
Sundries accounts
Amount Fol. Details

CREDITORS JOURNAL OF ENSLIN DEALERS – NOVEMBER 2003 CJ 3.4.3

In-voice Day Creditors Fol. Creditors control Trading inventory Stationery Vechile expenditure Packaging material
Sundries accounts
Amount Fol. Details

CASH PAYMENTS JOURNAL OF ENSLIN DEALERS - NOVEMBER 2003 CPJ 3.4.2

Doc. Day Name of beneficiary Fol. Bank Trading inventory Stationery Wages
Sundries accounts
Amount Fol. Details

Assessement

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

ACTIVITY1

ASSIGNMENT 1

CASH PAYMENTS JOURNAL OF MARAIS DEALERS - APRIL 2003 CPJ 3.4.1

Doc Day Payee Fol Bank Creditors control Wages Trading inventory
Sundries account
Amount Fol Details
642 2 Bengo Wholesalers 2 340 - 2 340 - 643 3 Pento and Son 603 - 603 - 644 6 Municipality 110 - 110 - N7 Water and Electricity 645 8 Situ and Co. 625 - 625 - 646 10 Boland Wholesalers 950 - 950 - 647 14 Cash 210 - 210 - 648 15 Cash 500 - 500 - B1 Withdrawals 649 18 Max Suppliers 1 000 - 600 - 400 - B2 Equipment 650 20 Flink Printers 235 - 235 - N2 Advertisement 651 30 M. Meintjies 1 250 - 1 250 - N3 Salary 7 823 - 3 568 - 210 1 550 - 2 495 - B5 B6 N1 B4

ACTIVITY 1

ASSIGNMENT 1

CREDITORS JOURNAL OF MARAIS DEALERS - MARCH 2003 CJ 3.4.1

In-voice Day Creditors Fol Creditors control Trading inventory Statio-nery Vehicle costs Packaging material
Sundries account
Amount Fol Details
316 3 Bengo Wholesalers 1 560 - 1 560 - 317 4 Situ and Co. 625 - 625 - 318 5 Banda Ltd 380 - 380 - 319 6 Pento and Son 345 - 345 - 320 10 Pento and Son 258 - 258 - N2 Advertisements 321 20 Bengo Wholesalers 780 - 780 - 3 948 - 2 340 - 345 - 380 - 625 - 258 - B6 B4 N4 N5 N6

CREDITORS JOURNAL OF MARAIS DEALERS - APRIL 2003 CJ 3.4.2

In-voice Day Creditors Fol Creditors control Trading inventory Statio-nery Vehicle costs Packaging material
Sundries account
Amount Fol Details
322 4 Situ and Co. 560 - 560 323 8 Bergtuin Motors 7 500 - 7 500 - B3 Vehicles 324 12 Banda Ltd 330 - 330 - 425 16 Pento and Son 280 - 280 - 326 20 Bengo Wholesalers 757 - 757 - 9 427 - 1 317 - 280 - 330 - 7 500 - B6 B4 N4 N5

ACTIVITY 1

ASSIGNMENT 2

CREDITORS JOURNAL OF ENSLIN DEALERS - NOVEMBER 2003 CJ 3.4.3

In-voice Day Creditors Fol Creditors control Trading inventory Packaging material
Sundries account
Amount Fol Details
100 1 Pronto Ltd. 2 630 - 2 630 - B4 Equipment 101 6 Malan and Co. 312 - 312 - N4 Stationery 102 8 Quick Suppliers 2 890 - 2 890 - 103 11 Malan and Co. 880 - 880 - 104 16 Quick Suppliers 3 920 - 3 060 - 860 - 105 22 Pronto Ltd. 621 - 621 - N7 Repairs 11 253 - 5 950 - 1 740 - 3 563 - B8 B5 N6

ACTIVITY 3.4 ASSIGNMENT 2

CASH RECEIPTS JOURNAL OF ENSLIN DEALERS -NOVEMBER 2003 CRJ 3.4.1

Doc Day Details Fol Analysis Bank Sales Cost price of sales
Sundries account
Amount Fol Details
100 1 A. Enslin 20 000 - 20 000 - 20 000 - B1 Capital CS1 2 Sales 500 - 500 - 500 - 400 - CS3 4 Sales 625 - 625 - 625 - 500 - 1CS 10 Sales 750 - 750 600 - 101 A. Enslin 10 000 - 10 750 - 10 000 - B1 Capital CS4 20 Sales 875 - 875 - 875 - 700 - CS5 30 Sales 1 000 - 1 000 - 1 000 - 800 33 750 - 3 750 - 3 000 - 30 000 - B7 N1 B5/N2

ACTIVITY 1

ASSIGNMENT 2

CASH PAYMENTS JOURNAL OF ENSLIN DEALERS - NOVEMBER 2003 CPJ 3.4.2

Doc Day Name of payee Fol Bank Wages Stationery Trading inventory
Sundries account
Amount Fol Details
001 2 Highway Motors 7 800 - 7 800 - B3 Vehicles 002 5 ZA Ltd. 690 - 200 - 490 - 003 10 Travalia Office Suppliers 1 310 - 1 310 - B4 Equipment 004 12 Cash 150 - 150 - 005 15 Postmaster 135 - 135 - N5 Telephone 006 20 ZA Ltd. 870 - 140 - 730 - 007 21 Cash 250 - 150 - 100 - B2 Withdrawals 008 30 AN Manufacturers 1 200 - 500 - 700 - B4 Equipment 12 405 - 300 - 340 - 1 720 - 10 045 - B7 N3 N4 B5

ACTIVITY 1

ASSIGNMENT 2

Debtors journal of Enslin dealers - November 2003 DJ 3.4.1

Doc Day Debtors Fol Sales Selling costs
117 6 R. du Toit D1 360- 280-
118 9 W. Bennett D2 660- 420-
119 12 G. Wilmans D3 890- 720-
120 14 W. Bennett D2 520- 360-
121 21 R. du Toit D1 320 180-
2 750 1 960
B6/N1 B5/N2

Questions & Answers

how to know photocatalytic properties of tio2 nanoparticles...what to do now
Akash Reply
it is a goid question and i want to know the answer as well
Maciej
Do somebody tell me a best nano engineering book for beginners?
s. Reply
what is fullerene does it is used to make bukky balls
Devang Reply
are you nano engineer ?
s.
fullerene is a bucky ball aka Carbon 60 molecule. It was name by the architect Fuller. He design the geodesic dome. it resembles a soccer ball.
Tarell
what is the actual application of fullerenes nowadays?
Damian
That is a great question Damian. best way to answer that question is to Google it. there are hundreds of applications for buck minister fullerenes, from medical to aerospace. you can also find plenty of research papers that will give you great detail on the potential applications of fullerenes.
Tarell
what is the Synthesis, properties,and applications of carbon nano chemistry
Abhijith Reply
Mostly, they use nano carbon for electronics and for materials to be strengthened.
Virgil
is Bucky paper clear?
CYNTHIA
so some one know about replacing silicon atom with phosphorous in semiconductors device?
s. Reply
Yeah, it is a pain to say the least. You basically have to heat the substarte up to around 1000 degrees celcius then pass phosphene gas over top of it, which is explosive and toxic by the way, under very low pressure.
Harper
Do you know which machine is used to that process?
s.
how to fabricate graphene ink ?
SUYASH Reply
for screen printed electrodes ?
SUYASH
What is lattice structure?
s. Reply
of graphene you mean?
Ebrahim
or in general
Ebrahim
in general
s.
Graphene has a hexagonal structure
tahir
On having this app for quite a bit time, Haven't realised there's a chat room in it.
Cied
what is biological synthesis of nanoparticles
Sanket Reply
what's the easiest and fastest way to the synthesize AgNP?
Damian Reply
China
Cied
types of nano material
abeetha Reply
I start with an easy one. carbon nanotubes woven into a long filament like a string
Porter
many many of nanotubes
Porter
what is the k.e before it land
Yasmin
what is the function of carbon nanotubes?
Cesar
I'm interested in nanotube
Uday
what is nanomaterials​ and their applications of sensors.
Ramkumar Reply
what is nano technology
Sravani Reply
what is system testing?
AMJAD
preparation of nanomaterial
Victor Reply
Yes, Nanotechnology has a very fast field of applications and their is always something new to do with it...
Himanshu Reply
good afternoon madam
AMJAD
what is system testing
AMJAD
what is the application of nanotechnology?
Stotaw
In this morden time nanotechnology used in many field . 1-Electronics-manufacturad IC ,RAM,MRAM,solar panel etc 2-Helth and Medical-Nanomedicine,Drug Dilivery for cancer treatment etc 3- Atomobile -MEMS, Coating on car etc. and may other field for details you can check at Google
Azam
anybody can imagine what will be happen after 100 years from now in nano tech world
Prasenjit
after 100 year this will be not nanotechnology maybe this technology name will be change . maybe aftet 100 year . we work on electron lable practically about its properties and behaviour by the different instruments
Azam
name doesn't matter , whatever it will be change... I'm taking about effect on circumstances of the microscopic world
Prasenjit
how hard could it be to apply nanotechnology against viral infections such HIV or Ebola?
Damian
silver nanoparticles could handle the job?
Damian
not now but maybe in future only AgNP maybe any other nanomaterials
Azam
Hello
Uday
I'm interested in Nanotube
Uday
this technology will not going on for the long time , so I'm thinking about femtotechnology 10^-15
Prasenjit
can nanotechnology change the direction of the face of the world
Prasenjit Reply
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
Privacy Information Security Software Version 1.1a
Good
Got questions? Join the online conversation and get instant answers!
QuizOver.com Reply

Get the best Algebra and trigonometry course in your pocket!





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