On 18 February 20.1 Abdoola Spaza had a bank overdraft balance of R1 200. On...
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Accounting
On 18 February 20.1 Abdoola Spaza had a bank overdraft balance of R1 200. On 19 February 20.1 Mr W Alli, a debtor, made a direct payment of R1 200 into the bank account of Abdoola Spaza. The correct effect of the transaction on the basic accounting equation in the books of Abdoola Spaza is ... Instructions: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off to the second decimal after the full stop (eg: 50.56) 3. A decrease in an amount must be indicated by using a negative sign in front of the amount (eg: -1000.01) 4. An increase must
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