Ground Floor, Bell House, Bell Crescent, Westlake Business Park, Cape Town, 7945

P O Box 98, Muizenberg, 7950, Cape Town, South Africa

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AMENDMENTS TO THE ACCOUNTING 1B TEXTBOOK, TENTH EDITION AND FIRST IMPRESSION (E1011).

These changes must be read in conjunction with the textbook (ISBN: 978-1-4327-0115-4). It refers to changes in
the question and pages noted.

Question 2.8 solution

P.264

(i)

Debtors list as at 31 May 20.9

Pre-adjusted Post-adjusted
Debtor Workings
balance balance
A. Ashmore 5 000 – 90 (650 – 560) 4 910
B. Barnes (720) Cr + 720 + 1 450 1 450
C. Cawood 7 000 – 720 + 1 900 + 1 900 (or + 3 800) – 1 450 8 630
D. Davis 5 130 5 130
Total R 20 120

(ii)

General ledger of Evan’s Book Store

Dr Debtors control B20 Cr

Date Details Fol. Amount Date Details Fol. Amount
20.9 20.9
1 Balance b/d *14 690
May May 31 Bank CBR 18 820
Sales and VAT
31 DJ 25 840 Sales and VAT GJ 320
(26 000 – 160)
Debtors allowances 1 200 Credit losses and
Interest income 80 VAT GJ 150
Sales returns and
VAT DAJ 1 200
Balance c/d 20 120
40 610 40 610
Jun 1 Balance b/d 20 120

1
Directors: Dr Andrew Hibling (B. Comm, MBChB, MPhil) | Janse Maritz (M. Comm, P.HED)
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