answer these in 2 hour thankyou For Questions 9 24, please show...
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Accounting
answer these in 2 hour thankyou
For Questions 9 24, please show your workings in the tables provided: QUESTION 9 Sales (including sales tax) amounted to 91,200, and purchases (excluding sales tax) amounted to 46,000. What is the balance on the sales tax account, assuming all items are subject to sales tax at 20%? WORKINGS: ANSWER: (2 marks) QUESTION 10 A double entry posting has been completed incorrectly. Tony and Smith Ltd's receivable account has been debited a sale of 900 when it should have been debited to Tony and Guy Ltd's receivable account. How can this error be rectified with the use of a journal system? ANSWER: (2 marks)
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