Peter a qualified electrical engineer was retrenched in January 20.2 and he received a retrenchment...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Peter a qualified electrical engineer was retrenched in January and he received a retrenchment package of R He decided to open his own business PG Electricians on February and deposited of his retrenchment package into PG Electricians business bank account. PG Electricians will use the periodic inventory system.
The following transactions occurred in the books of PG Electricians during the month of February :Instructions:
Use a full stop to indicate any decimals eg:
Round off to the second decimal after the full stop eg:
A decrease in an amount must be indicated by using a negative sign in front of the amount eg:
An increase must be indicated by the amount without any sign eg:
If an option has been provided and it is not applicable to the specific question, please put NA in the column.
The correct ledger and accounting analysis of TRANSACTION in the books of PG Electricians will be
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
