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    Answer Booklet 1

    Uploaded by

    cyago1738

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Answer Booklet 1

    Uploaded by

    cyago1738
    1 views12 pages

    Original Title

    Answer Booklet 1 (1)

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    © © All Rights Reserved

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    Copyright:

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    1 views12 pages

    Answer Booklet 1

    Uploaded by

    cyago1738

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 12

    21 2021

    MODULE NAME: MODULE CODE:


    ACCOUNTING 1B ACBP5112/d/e/f/p/w
    ACCOUNTING 1B ACBP5122/d/w

    Q1 Q2 Q3 TOTAL %

    ASSESSMENT TYPE: ANSWER BOOK


    TOTAL MARK ALLOCATION: 100 MARKS
    TOTAL HOURS: 10 HOURS
    STUDENT NUMBER:
    LECTURER’S NAME:
    DATE:
    By submitting this assignment, you acknowledge that you have read and understood all the rules as
    per the terms in the registration contract, in particular the assignment and assessment rules in The
    IIE Assessment Strategy and Policy (IIE009), the intellectual integrity and plagiarism rules in the
    Intellectual Integrity Policy (IIE023), as well as any rules and regulations published in the student
    portal.

    INSTRUCTIONS:

    1. No material may be copied from original sources, even if referenced correctly, unless it is a
    direct quote indicated with quotation marks. No more than 10% of the assignment may
    consist of direct quotes.
    2. Make a copy of your assignment before handing it in.
    3. All work must be adequately and correctly referenced.
    4. Begin each section on a new page.
    5. Follow all instructions on the assignment cover sheet.
    6. This is an individual assignment.
    Additional instructions:
    1. Calculators are allowed.
    2. Answer All Questions.
    3. Show all calculations, where applicable (marks may be awarded for this).

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 1 of 12
    21 2021

    Question 1 (Marks: 40)

    Q.1.1 (6)

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 2 of 12
    21 2021

    Q.1.2 Subsidiary Cashbook Receipts (15½)

    DETAILS AMOUNT

    Total before adjustments

    Adjustments:

    Total receipts after


    adjustments

    Subsidiary Cashbook Payments

    DETAILS AMOUNT

    Total before adjustments

    Adjustments:

    Total payments after


    adjustments

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 3 of 12
    21 2021

    Q.1.3 BANK B5 (6)

    DATE DETAILS FOL AMOUNT DATE DETAILS FOL AMOUNT

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 4 of 12
    21 2021

    Q.1.4 Bank Reconciliation Statement of Zebra Traders for May 2021 (8½)

    DETAILS AMOUNT

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 5 of 12
    21 2021

    Q.1.5 PROBLEM ADVICE (4)

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 6 of 12
    21 2021

    PROBLEM ADVICE

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 7 of 12
    21 2021

    Question 2 (Marks: 50)

    Q.2.1 (17)

    Debtors control B11

    DR CR

    Date Details Fol. Amount Date Details Fol. Amount

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 8 of 12
    21 2021

    Q.2.2 (20)
    DEBTORS LEDGER OF TOWEL TALK – FEBRUARY 2021
    L.SIMPSON (D1)

    DATE DOCUMENT NAME AND FOL DEBIT CREDIT BALANCE


    NUMBER

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 9 of 12
    21 2021

    Q.2.3 (13)
    DEBTORS LIST OF TOWEL TALK AS AT 28 FEBRUARY 2021

    DEBTOR FOL AMOUNT

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 10 of 12
    21 2021

    Question 3 (Marks: 10)

    Q.3.1 (10)
    General ledger
    CREDITORS CONTROL B5
    DATE DETAILS FOL AMOUNT DATE DETAILS FOL AMOUNT

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 11 of 12
    21 2021

    Workings page

    END OF ANSWER BOOKLET

    © The Independent Institute of Education (Pty) Ltd 2021


    Page 12 of 12

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