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Accounting 1 Memorandum ()

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Regent Business School Accounting Memorandum for the 10th of June 2021

Institution
Accounting 1
Course
Accounting 1

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ACCOUNTING 1
NOVEMBER 2021
MEMORANDUM




PREPARED BY: MTHOMBENI

0767297208

, QUESTION 1
Transaction Assets = Equity + Liabilities
number R R R
1 0 Consumable stores Creditor’s control
-9600 +9600
2 Bank 0 Loan
+50000 +50000
3 Equipment
+36000
Bank 0 0
-36000
4 Bank Service fees 0
+ 32400 +32400
Debtor’s control Service fees 0
+17300 +17300
5 Bank Interest on loan 0
-375 - 375
6 Bank Discount received Creditor’s control
-9120 + 480 -9600




1
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Accounting 1
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Accounting 1

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  • accounting 1
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