FAC1501 Assignment 7 Semester 1 2024 - FAC1501 (FAC1501) - Stuvia US
- If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a zero ("O")
Mthoko Hardware ( Sales journal 7- November 2022 Doc no Day Details Fol [woo%. R Inventory R ¢ mores%as... R [ I 647.647.35R97.1097.1035 I R97.10
I 744.45
23 Sales ' Please answer all parts of the question. » ' r @ m @ 4 e -- 6» 0 ; mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=842831 NISA.2. 15° .-CE myAdmin Time limit: 1 hour 30 mins Grade to pass: 50.00 out of 100 00 Summary of your previous attempts State Marks/ 55.00 Grade/ 100.00 Review Feedback Finished 34.66 63.01 Well done You passed this assessment. Submitted Tuesday, 21 May 2024, 5.20 PM Well done. You passed this assessment. No more attempts are allowed Back to the course + r @ 0 m p -- 6 ,e to logging into myMod. X Assessment 7 (page 1 of 14 X G Pashy Beauticians, a registered x 4 ; mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt= 19465680&cmid= 842831 * usA2-: 15 myAdmin ¢ Back I Time left 1.00.21 Question T Mthoko Hardware, a registered VAT vendor, buys and sells power tools, household hardware, home improvement materials and other related items. The VAT Incomplete rate is 15%. All goods are sold at a constant mark-up of 20% and the entity uses the periodic inventory system. answer On 23 November 2022, Mthoko Hardware sold goods for R647.35 (VAT exclusive) on credit to Mr Mzimela. Marked out of
Required:
Fi Record the above transaction in the applicable subsidiary journal of Mthoko Hardware.