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1 The following information was taken from the books of MLOCHIE CC on 30 June...

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Accounting

1 The following information was taken from the books of MLOCHIE CC on 30 June 2017, the end of the financial year: PREADJUSTMENT TRIAL BALANCE OF MLOCHIE CC ON 30 JUNE 2017 FOL DEBIT CREDIT BALANCE SHEET ACCOUNTS SECTION Members contribution: Malatji 184 500 00 Paseka 184 500 00 Vehicle 534 000 00 Accumulated depreciation: Vehicle 332 528 00 Machinery 355 668 00 Accumulated depreciation: Machinery 148 308 00 Inventory 460 956 00 Bank 20 904 00 Petty cash 1 500 00 Cash float 2 106 00 Debtors control 54 000 00 Creditors control 70 092 00 Mortgage bond: (10%) 297 000 00 Investment: VBS Bank (12%) 237 000 00 NOMINAL ACCOUNTS SECTION Sales 958 380 00 Cost of

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