ACCOUNTING 1
JANUARY 2022
MEMORANDUM
PREPARED BY: MTHOMBENI
0767297208
, QUESTION 1
Date Assets = Equity Liabilities Account Debited Account
R R R Credited
2 +140000 +140000 0 Vehicles Capital
3 +90000 0 +90000 Equipment Creditor’s control
-36000 0 -36000 Creditor’s control Bank
5 -6800 -6800 0 Advertising Bank
7 +43000 0 0 Furniture Bank
-43000
15 -15700 -15700 0 Consumables Bank
18 +30000 +30000 0 Bank Services rendered
25 -23000 -23000 0 Wages Bank
-2160 -2160 Electricity Bank
28 +34500 +34500 0 Bank Services rendered
+20000 +20000 0 Bank Hiring fees
30 0 -3000 0 Drawings Consumables
+30000
31 -9000 0 -9000 Creditor’s control Bank
1
JANUARY 2022
MEMORANDUM
PREPARED BY: MTHOMBENI
0767297208
, QUESTION 1
Date Assets = Equity Liabilities Account Debited Account
R R R Credited
2 +140000 +140000 0 Vehicles Capital
3 +90000 0 +90000 Equipment Creditor’s control
-36000 0 -36000 Creditor’s control Bank
5 -6800 -6800 0 Advertising Bank
7 +43000 0 0 Furniture Bank
-43000
15 -15700 -15700 0 Consumables Bank
18 +30000 +30000 0 Bank Services rendered
25 -23000 -23000 0 Wages Bank
-2160 -2160 Electricity Bank
28 +34500 +34500 0 Bank Services rendered
+20000 +20000 0 Bank Hiring fees
30 0 -3000 0 Drawings Consumables
+30000
31 -9000 0 -9000 Creditor’s control Bank
1