REQUIRED State the double entries (Account Debit and Account Credit) for each of the following...
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Accounting
REQUIRED State the double entries (Account Debit and Account Credit) for each of the following transactions of BG Traders: (5 marks) TRANSACTIONS 1.2.1 The tenant paid the rent of R4 000 to BG Traders. 1.2.2 An electronic funds transfer (EFT) was made to Kelly Suppliers for an office desk purchased, R2 000. 1.2.3 An entry for a discount allowed to a debtor who settled his account in the previous month was omitted from the records of the business, R100. 1.2.4 Stationery was purchased from petty cash, R50. 1.2.5 The depreciation on vehicles amounted to R60 000
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