3/28/25, 12:16 PM F - Learning Unit 6: Quiz 1 (page 2 of 4)
Africa Traders is a registered VAT vendor and uses periodic inventory system. Africa Traders buys and sells furniture
and equipment to customers for cash or on credit. Africa Traders sold the following items:
Tables and chairs for an amount of R11 879,84 inclusive of VAT to Mrs. South Africa on 24 February 2025 on
credit. These tables and chairs original cost to Africa Traders was R7 200 excluding VAT and these items were
purchased for trade purposes.
A Double door fridge for an amount of R9 104,91 inclusive of VAT to SA Dealers on 25 February 2025 on
account. A Double door fridge original cost to Africa Traders was R6 500 excluding VAT and this item was
purchased for trade purposes.
Office Coffee table for an amount of R6 200,00 inclusive VAT to Mr. South Africa on 26 February 2025 on
account. Office Coffee table original cost to Africa Traders was R4 500 excluding vat and this item was
purchased for trade purposes.
Which of the following options presents the correctly prepared Sales journal of Africa Traders for the month ending
28 February 2025?
Select one:
a. SALES JOURNAL – February 2025 SJ1
Day Details Fol. VAT Output Sales Trade
receivables
24 Mrs. South Africa DL1 R1 781,98 R11 879,84 R13 661,82
25 SA dealers DL2 R1 365,74 R9 104,91 R10 470,65
Totals R3 147,72 R20 984,75 R24 132,47
b. SALES JOURNAL – February 2025 SJ1
Day Details Fol. VAT Output Sales Trade
receivables
24 Mrs. South Africa DL1 R1 781,98 R11 879,84 R13 661,82
25 SA dealers DL2 R1 365,74 R9 104,91 R10 470,65
26 Mr. South Africa DL3 R930,00 R6 200,00 R7 130,00
Totals R4 077,72 R27 184,75 R31 262,47
c. SALES JOURNAL – February 2025 SJ1
Day Details Fol. VAT Output Sales Trade
receivables
24 Mrs. South Africa DL1 R1 549,54 R10 330,30 R11 879,84
25 SA dealers DL2 R1 187,60 R7 917,31 R9 104,91
Totals R2 737,14 R18 247,61 R20 984,75
d. SALES JOURNAL – February 2025 SJ1
Day Details Fol. VAT Output Sales Trade
receivables
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=25207014&cmid=1107081&page=1 1/2
,3/28/25, 12:16 PM F - Learning Unit 6: Quiz 1 (page 2 of 4)
24 Mrs. South Africa DL1 R1 549,54 R10 330,30 R11 879,84
25 SA dealers DL2 R1 187,60 R7 917,31 R9 104,91
26 Mr. South Africa DL3 R808,70 R5 391,30 R6 200,00
Totals R3 545,84 R23 638,91 R27 184,75
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=25207014&cmid=1107081&page=1 2/2
,3/28/25, 12:14 PM F - Learning Unit 6: Quiz 1 (page 1 of 4)
Africa Traders is a registered VAT vendor and uses a Perpetual inventory system. Africa Traders buys and sells
furniture and equipment to customers for cash or on credit. On 24 February 2025, Africa Traders issued a debit note
and returned a portable air conditioner that was purchased on credit from RG wholesalers for a total amount of
R5 199 (excluding VAT). Upon the receipts of the debit note and a Portable air conditioner on the 24 February 2025,
RG wholesalers issued the following credit note:
RG WHOLESALERS
7 Smart Street P O Box 3336
PRETORIA VAT registration number PRETORIA 0001
Tel (012) 429–3931 2277227756 Fax (012) 429–3424
Date: 24 February 2025 CREDIT NOTE No: 5859
To: Africa Traders, 499 Tshwane Drive Pretoria
Code Description Qty Amount
credited
(R)
PA025 Portable Air Conditioner 1 6 399,00
Subtotal 6 399,00
VAT @ 15% 959,85
Total credit due 7 358,85
E & OE
Which of the following subsidiary journal of Africa Traders has been correctly updated after considering the above
credit note received by Africa Traders?
Select one:
a. SALES RETURNS JOURNAL – February 2025 SRJ1
Sales Trade
Doc no Day Details Fol VAT output returns receivables
5859 24 RG Wholesalers CL1 R959,85 R6 399,00 R7 358,85
b. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc no Day Details Fol VAT input Purchases Trade
returns payables
5859 24 RG Wholesalers CL1 R959,85 R6 399,00 R7 358,85
c. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc no Day Details Fol VAT Output Inventory Trade
payables
5859 24 RG Wholesalers CL1 R959,85 R6 399,00 R7 358,85
d. PURCHASES JOURNAL – February 2025 PJ1
Doc Day Details Fol VAT input Purchases Trade
no payables
5859 24 RG Wholesalers CL1 R959,85 R6 399,00 R7 358,85
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=25207014&cmid=1107081 1/1
, 3/28/25, 12:23 PM F - Learning Unit 6: Quiz 1 (page 3 of 4)
Africa Traders is a registered VAT vendor and uses a Perpetual inventory system. Africa Traders buys and sells
furniture and equipment to customers for cash or on credit. On 24 February 2025, the following items were returned
to RG Wholesalers because they were damaged, and a credit note number 5859 was received:
2 Coffee tables that were purchased on account for a total amount of R15 500 and were purchased for a purpose
of being traded.
A portable air conditioner that was purchased for a cash amount of R9 600 and was purchased for purpose of
being traded.
RG Wholesalers accounting policy is to provide cash refund for goods that were purchased for cash. All the above
items are inclusive of VAT at a rate of 15% and RG Wholesalers is also a registered VAT Vendor.
Which of the following subsidiary journal of Africa Traders has been correctly updated after considering the above
credit note received by Africa Traders?
Select one:
a. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc Day Details Fol. VAT input Purchases Trade
no returns payables
5859 24 RG Wholesalers: Coffee CL1 R2 021,74 R13 478,26 R15 500
tables
b. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc no Day Details Fol. VAT input Inventory Trade
payables
5859 24 RG Wholesalers: Coffee CL1 R2 021,74 R13 478,26 R15 500
tables
c. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc no Day Details Fol. VAT Input Purchases Trade
returns payables
5859 24 RG Wholesalers: Coffee CL1 R2 325 R15 500 R17 825
tables
5859 24 RG Wholesalers: CL1 R1 440 R9 600 R11 040
Portable air conditioner
d. SALES RETURNS JOURNAL – February 2025 SRJ1
Sales
Doc no Day Details Fol. VAT output returns Trade
receivables
5859 24 RG Wholesalers: CL1 R2 325 R15 500 R17 825
Coffee tables
5859 24 RG Wholesalers: CL1 R1 440 R9 600 R11 040
Portable air
conditioner
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=25207014&cmid=1107081&page=2 1/1
Africa Traders is a registered VAT vendor and uses periodic inventory system. Africa Traders buys and sells furniture
and equipment to customers for cash or on credit. Africa Traders sold the following items:
Tables and chairs for an amount of R11 879,84 inclusive of VAT to Mrs. South Africa on 24 February 2025 on
credit. These tables and chairs original cost to Africa Traders was R7 200 excluding VAT and these items were
purchased for trade purposes.
A Double door fridge for an amount of R9 104,91 inclusive of VAT to SA Dealers on 25 February 2025 on
account. A Double door fridge original cost to Africa Traders was R6 500 excluding VAT and this item was
purchased for trade purposes.
Office Coffee table for an amount of R6 200,00 inclusive VAT to Mr. South Africa on 26 February 2025 on
account. Office Coffee table original cost to Africa Traders was R4 500 excluding vat and this item was
purchased for trade purposes.
Which of the following options presents the correctly prepared Sales journal of Africa Traders for the month ending
28 February 2025?
Select one:
a. SALES JOURNAL – February 2025 SJ1
Day Details Fol. VAT Output Sales Trade
receivables
24 Mrs. South Africa DL1 R1 781,98 R11 879,84 R13 661,82
25 SA dealers DL2 R1 365,74 R9 104,91 R10 470,65
Totals R3 147,72 R20 984,75 R24 132,47
b. SALES JOURNAL – February 2025 SJ1
Day Details Fol. VAT Output Sales Trade
receivables
24 Mrs. South Africa DL1 R1 781,98 R11 879,84 R13 661,82
25 SA dealers DL2 R1 365,74 R9 104,91 R10 470,65
26 Mr. South Africa DL3 R930,00 R6 200,00 R7 130,00
Totals R4 077,72 R27 184,75 R31 262,47
c. SALES JOURNAL – February 2025 SJ1
Day Details Fol. VAT Output Sales Trade
receivables
24 Mrs. South Africa DL1 R1 549,54 R10 330,30 R11 879,84
25 SA dealers DL2 R1 187,60 R7 917,31 R9 104,91
Totals R2 737,14 R18 247,61 R20 984,75
d. SALES JOURNAL – February 2025 SJ1
Day Details Fol. VAT Output Sales Trade
receivables
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=25207014&cmid=1107081&page=1 1/2
,3/28/25, 12:16 PM F - Learning Unit 6: Quiz 1 (page 2 of 4)
24 Mrs. South Africa DL1 R1 549,54 R10 330,30 R11 879,84
25 SA dealers DL2 R1 187,60 R7 917,31 R9 104,91
26 Mr. South Africa DL3 R808,70 R5 391,30 R6 200,00
Totals R3 545,84 R23 638,91 R27 184,75
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=25207014&cmid=1107081&page=1 2/2
,3/28/25, 12:14 PM F - Learning Unit 6: Quiz 1 (page 1 of 4)
Africa Traders is a registered VAT vendor and uses a Perpetual inventory system. Africa Traders buys and sells
furniture and equipment to customers for cash or on credit. On 24 February 2025, Africa Traders issued a debit note
and returned a portable air conditioner that was purchased on credit from RG wholesalers for a total amount of
R5 199 (excluding VAT). Upon the receipts of the debit note and a Portable air conditioner on the 24 February 2025,
RG wholesalers issued the following credit note:
RG WHOLESALERS
7 Smart Street P O Box 3336
PRETORIA VAT registration number PRETORIA 0001
Tel (012) 429–3931 2277227756 Fax (012) 429–3424
Date: 24 February 2025 CREDIT NOTE No: 5859
To: Africa Traders, 499 Tshwane Drive Pretoria
Code Description Qty Amount
credited
(R)
PA025 Portable Air Conditioner 1 6 399,00
Subtotal 6 399,00
VAT @ 15% 959,85
Total credit due 7 358,85
E & OE
Which of the following subsidiary journal of Africa Traders has been correctly updated after considering the above
credit note received by Africa Traders?
Select one:
a. SALES RETURNS JOURNAL – February 2025 SRJ1
Sales Trade
Doc no Day Details Fol VAT output returns receivables
5859 24 RG Wholesalers CL1 R959,85 R6 399,00 R7 358,85
b. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc no Day Details Fol VAT input Purchases Trade
returns payables
5859 24 RG Wholesalers CL1 R959,85 R6 399,00 R7 358,85
c. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc no Day Details Fol VAT Output Inventory Trade
payables
5859 24 RG Wholesalers CL1 R959,85 R6 399,00 R7 358,85
d. PURCHASES JOURNAL – February 2025 PJ1
Doc Day Details Fol VAT input Purchases Trade
no payables
5859 24 RG Wholesalers CL1 R959,85 R6 399,00 R7 358,85
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=25207014&cmid=1107081 1/1
, 3/28/25, 12:23 PM F - Learning Unit 6: Quiz 1 (page 3 of 4)
Africa Traders is a registered VAT vendor and uses a Perpetual inventory system. Africa Traders buys and sells
furniture and equipment to customers for cash or on credit. On 24 February 2025, the following items were returned
to RG Wholesalers because they were damaged, and a credit note number 5859 was received:
2 Coffee tables that were purchased on account for a total amount of R15 500 and were purchased for a purpose
of being traded.
A portable air conditioner that was purchased for a cash amount of R9 600 and was purchased for purpose of
being traded.
RG Wholesalers accounting policy is to provide cash refund for goods that were purchased for cash. All the above
items are inclusive of VAT at a rate of 15% and RG Wholesalers is also a registered VAT Vendor.
Which of the following subsidiary journal of Africa Traders has been correctly updated after considering the above
credit note received by Africa Traders?
Select one:
a. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc Day Details Fol. VAT input Purchases Trade
no returns payables
5859 24 RG Wholesalers: Coffee CL1 R2 021,74 R13 478,26 R15 500
tables
b. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc no Day Details Fol. VAT input Inventory Trade
payables
5859 24 RG Wholesalers: Coffee CL1 R2 021,74 R13 478,26 R15 500
tables
c. PURCHASES RETURNS JOURNAL – February 2025 PRJ1
Doc no Day Details Fol. VAT Input Purchases Trade
returns payables
5859 24 RG Wholesalers: Coffee CL1 R2 325 R15 500 R17 825
tables
5859 24 RG Wholesalers: CL1 R1 440 R9 600 R11 040
Portable air conditioner
d. SALES RETURNS JOURNAL – February 2025 SRJ1
Sales
Doc no Day Details Fol. VAT output returns Trade
receivables
5859 24 RG Wholesalers: CL1 R2 325 R15 500 R17 825
Coffee tables
5859 24 RG Wholesalers: CL1 R1 440 R9 600 R11 040
Portable air
conditioner
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=25207014&cmid=1107081&page=2 1/1
