N4 Introductory Financial Accounting | Student Book
Activity 9.7
Use the details of Activity 9.1 to compile the Statement of Financial Position for Azaad Traders on 31 October 20.2.
Activity 9.8
Use the details of Activity 9.2 to compile the Statement of Financial Position for Tracey Traders on 31 August 20.2.
Activity 9.9
Use the details of Activity 9.3 to compile the Statement of Financial Position for Mariams’ Movers on 30 November 20.2.
Activity 9.10
1. Use the balances and totals from the given Trial Balance in the General Ledger of Zaytee Stores. Complete the following accounts only: Capital, Drawing and Inventory.
2. Close off all the nominal accounts to the Trading account and the Profit and Loss account s. 3. Post the net profit/loss to the Capital account. 4. Close off the Drawings account. 5. Balance all the necessary accounts. 6. Use the given balances and totals to compile a Statement of Profit or Loss for Zaytee Stores on 30 June 20.6.
7. Use the given balances and totals to compile the Statement of Financial Position for Zaytee Stores on 30 June 20.6.
