Computerised

Bookkeeping
(CPBK)

ICB ASSIGNMENT 3

QUESTION PAPER

APR 2023 TO MAR 2024

THIS PAPER CONSISTS OF 1 ASSIGNMENT

ASSIGNMENT 3: COMPUTERISED MONTHLY BOOKKEEPING CYCLE

INSTRUCTIONS:

1. ICB Assignments form part of the formative mark and are to be completed in an open book environment.
2. This Question Paper Book contains all the questions for Assignment 3.
3. Check that you have the correct number of pages.
4. Please be neat and make sure all screenshots are legible. Small-scale images that cannot be read will
NOT be marked.
5. Always submit your assignment in the correct order. This is in the order of the questions below.
6. All questions must be completed.
7. This question paper must NOT be returned to the ICB. You must retain this Assignment Question Paper Book.
8. Upon completion of your Assignment, remember to submit (upload) your compiled screenshots in a single PDF document.
9. Only PDF uploads will be accepted, no other formats will be accepted.

CPBK-ICBASG3–QP-2023.v1 Page 1 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

ASSIGNMENT 3

This assignment contains 2 (two) questions:

 Question 1: Monthly bookkeeping cycle - on an office suite (page 3 and Appendix A: page 16 - 21)
 Question 2: Computerised monthly bookkeeping cycle (pages 4 – 15)

Each question is independent and contains ‘given information’ which needs to be used to complete what is
required. Please ensure that you follow the required components very carefully.

The assignment (as a whole) will need to be uploaded into MACCI. Each question requires certain ‘print-outs’
and/or ‘screenshots’ that will need to be compiled into one running document and titled appropriately so that the
assessor is able to mark your assignment with ease. How you tackle this is not prescribed provided that your
document is neat and presentable.

NB: Insert a footer entitled ‘ICB Computerised Bookkeeping ICB Assignment 3 – *YOUR NAME and ICB
number*. Insert your name and ICB number on the footer of each page. Create a cover page for each question
of the assignment.

NOTE: assistance on how to take a screenshot using a PC or MAC has been provided in a knowledge base
article that is referenced in your Assignment 3 PoE instructions. Please make sure that you read through this if
you need guidance on how to prepare your screenshots.

CPBK-ICBASG3–QP-2023.v1 Page 2 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

QUESTION 1 MONTHLY BOOKKEEPING CYCLE - ON AN OFFICE SUITE

You are required to complete the manual bookkeeping cycle of Thabo’s Spring-Cleaning Services given in
Appendix A by completing the items indicated below and including the required screenshots in your Portfolio
of Evidence (PoE). All screenshots are to be compiled into one single PDF file (along with all the required
screenshots for the following question 2 of this assignment).

1.1. Draw up the subsidiary journal tables, using a spreadsheet programme, (I.e. MS Excel) and demonstrate how
spreadsheet software would be used to complete the monthly bookkeeping cycle on a computer. Use a
separate sheet for every journal, and name the sheets CBR, CBP, CJ, DJ, etc. Create a ninth worksheet (in the
same file) and name the sheet BRS. On this ninth sheet you are required to prepare the bank reconciliation
statement as at 31 January 2021 as it is given in manual bookkeeping function in this document). Take
screenshots of your completed subsidiary journals as well as the bank reconciliation statement directly
from the spreadsheet programme, and place these on nine separate landscape pages (note: for this part of
the assignment, portrait pages will NOT be accepted).

Please name the title page: ‘Assignment 3 Q1: Spreadsheet screenshots.

1.2. Copy the completed subsidiary journal tables as well as the bank reconciliation statement from the above
spreadsheets, and paste these into a word processing programme, (I.e. MS Word) in portrait page orientation.
Include all the subsidiary journals and the bank reconciliation in one document. The page extent of this
particular document is not prescribed. You are required to space the documents in such a way that they are
neat and presentable, but with as little white space on pages as possible. For example, if you can fit the debtors
journal and debtors allowances journal on one page, please do so. The journals may be sequenced in any
order you see fit, with the bank reconciliation statement on the last page of the document.

Please name the title page: ‘Assignment 3 Q1: Word processing screenshots.
1.3. Copy the completed subsidiary journal tables as well as the bank reconciliation statement from the above
spreadsheets that were created in part (1.1). Paste these into a presentation programme, (I.e. MS PowerPoint)
to prepare a slideshow. Take screenshots of all the slides in grey scale with six slides per page in horizontal
order.

Please name the title page: ‘Assignment 3 Q1: Presentation programme screenshots.

CPBK-ICBASG3–QP-2023.v1 Page 3 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

QUESTION 2 COMPUTERISED MONTHLY BOOKKEEPING CYCLE

You are required to complete the manual bookkeeping cycle of Thabo’s Spring-Cleaning Services as provided
to you under the ‘given information’ on a computerised bookkeeping package. Examples of software packages that
may be used include Palladium Accounting, Omni Accounting, ACCPAC, Microsoft Accounting, Brilliant
accounting, Impact, M.Y.O.B, Micro Ledger, Pastel, QuickBooks, Revelation Accounting, Simply Accounting,
Syspro, TurboCASH or Webaccounting (any other recognised software package may be used as well).

The following ‘screenshots’ from the software package you are using are required:

 The cashbook of Thabo’s Spring-Cleaning Services (receipts and payments). Note: you can verify the
accuracy of your answers by referring to the manual cashbook payments and cashbook receipts given in this
document.
 The trial balance of Thabo’s Spring-Cleaning Services as at 31 March 2020. Note: you can verify the
accuracy of your answers by referring to the manual trial balance given in this document. It is important that
you rename your accounts during set-up so that they reflect the account names in the manual trial balance
as far as possible. The system you are working on may limit you in certain instances. For example, it is
inevitable that on most programs, VAT Input and VAT Output will be merged into one VAT Control Account.
Sales and sales returns are also likely to be netted off against one another. It is imperative that you assign
external references with the ‘B’ & ‘N’ codes from the manual system. In particular, the assessor will do a
specific check to see if you have arrived at the following account balance:

Note: Due to differences in rounding between the manual and computerised systems, answers may vary
slightly (i.e., you may end up being a couple of cents out).

 The bank reconciliation statement of Thabo’s Spring-Cleaning Services as at 31 March 2020.

 The accounts receivable (debtors) list as at 31 March 2020 OR a print-out of the actual individual accounts
of the debtors for the month of March 2020. Note: you can verify the accuracy of your answers by referring
to the manual debtors list given in this document.

The following instructions are to be carried out BEFORE you insert any data to ensure that your *NAME
and ICB number appear on each printout:

1. Select SETUP

2. Select COMPANY PARAMATERS

3. Select COMPANY DETAILS Click in the space (control+shift +T)

4. Enter your NAME and ICB number after the name of the undertaking and click on OK.

CPBK-ICBASG3–QP-2023.v1 Page 4 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

SCREENSHOTS REQUIRED

You are required to provide the following screenshots (where possible please place more than one screenshot
per page):

 Company Setup: supply all necessary screenshots in a word document.

 Setup of General Ledger Account, Customer Account, Supplier Account, Stock Master files to be printed
 Creation of Sales Rep codes and screen shots of commission allocation granted.
 Print a list of Sales analysis codes used.
 Print the various Listing reports, for Customers, Customer categories, Suppliers and Supplier categories
and of Inventory items and categories.
 General Ledger take on balances.
 Inventory Take on Balances to be printed.
 Print the Inventory price lists
 All source documents for the month of March 2020.
 Cash Book Details for Current and Petty Cash Account’s, details to be printed.
 The debtor’s ledger and debtors age analysis on 31 March 2020.
 The creditor’s ledger and creditors age analysis on 31 March 2020.
 Deprecation Journal to be printed for the month of March 2020.
 The Vat Report for the period of March 2020 to be printed.
 The final Inventory Valuation to be printed for the month of March 2020.
 The Bank Reconciliation statement of Thabo’s Spring-Cleaning Services as at 31 March 2020
 The Detailed Ledger report for the month of March 2020 to be printed
 The final Trial balance, Income Statement and Balance sheet reports to be printed as at 31 March 2020

Due to the fact that all bookkeeping software packages work in their own unique way, the print-outs received from
candidates will differ. However, irrespective of which package is used, the account balances of the various ledger
accounts that are due to appear on the final trial balance will be the same in all instances. You will also not arrive
at the correct balances UNLESS you have applied the software package correctly.

Note: You may create your own fictional information for customers and suppliers where such information is not
provided. Such information might include telephone numbers and addresses to appear on invoices etc.

Create a title page for this assignment: ‘Assignment 3 Q2: Monthly Bookkeeping Cycle on a Computerised
Bookkeeping Package’.

CPBK-ICBASG3–QP-2023.v1 Page 5 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

GIVEN INFORMATION
Thabo’s Spring-Cleaning Services is a registered VAT vendor and trades only with registered VAT vendors that
can provide tax invoices. The business charges 15 % VAT on all its sales. All amounts are inclusive of VAT unless
VAT is not applicable. The business uses the perpetual inventory system. The business’s financial year-end is 28
February 2021. The company has decided to use the Retail chart of accounts for the creation of Thabo’s Spring-
Cleaning Services.

Additional information required for creating and setting up Thabo’s Spring-Cleaning Services:

Postal address: P O Box 40, Newdale, 2578

Tel: (031) 7782389,
Emai:info@sps.com
CC Reg 2010/4321/98
VAT Reg. No.: 49878456

The retail chart of accounts should be selected and four cash books are required:

1. Capital Current Bank account

2. Petty Cash
3. Visa Card
4. Cash Investment

The price lists used within Thabo’s Spring-Cleaning Services are; Standard, Business and Personal.

The default settings for customer’s monthly terms will be 30 days and processing must be done using the Open
Item Method. All printing will be done using plain, single sheet paper.

A Bank Transfer general ledger account must be created and set up. The tax reference prompt amount should be
set as per SARS requirements.

Thabo’s Spring-Cleaning Services uses normal 30-day terms. Early and Normal Terms to be created and setup for
Customer and Suppliers and to be used in processing of the transactions within Thabo’s Spring-Cleaning Services.

Goods Received Notes will not be used. Set the invoice lines to default to use inventory codes. Sales Orders should
be set to reserve inventory. The default settings for the inventory should be set up so that inventory units are sold
as ‘Each’, with fixed descriptions showing quantity and units and should be set as physical items. Processing
suppliers should default to inclusive.

The owner, Mr. Thabo has instructed that you bring in the opening balances from February 2020 and then continue
operating live for the month of March 2020. The following has been included to assist with the balances as at 28
February 2020:

 A table of items appearing on the bank reconciliation statement as at 31 March 2020.

 Cash Book information listed and supplied
 The debtors and creditors list on 1 March 2020 transactional information supplied.
 The inventory codes to be used, from the 1 March 2020 used for inventory system and reporting.
 General Ledger transactional information supplied.
 The balance sheet report as at 28 February 2020 supplied.

CPBK-ICBASG3–QP-2023.v1 Page 6 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

In order to assist with the successful completion of the set of books for Thabo’s Spring-Cleaning Services for March
2020, the following information is supplied:

 The bank statement for the month of March 2020

 The processing information of source documents for the month of March 2020
 Master file Information for General Ledger, Debtors, Creditors and Inventory
 Cash Book information for Current and Petty Cash Accounts
 Balance sheet and Inventory Take on Balance reports supplied as at 28 February 2020
 The bank reconciliation statement of Thabo’s Spring-Cleaning Services as at 31 March 2020
 The debtors list for 31 March 2020
 The creditors list for 31 March 2020
 Debtors and Creditors Categories to be processed
 Sales Rep Analysis to create and information to be processed
 Depreciation to be processed for the month of March 2020

Ensure that the correct settings are selected when creating the master files as this will impact on the correctness
of your Assignment.

Please create the following General Accounts and allocate to the various financial categories.

 4601/000 Mobile Phone

 9301/000 Bank Transfer Account

Note: Print a full General Ledger List of accounts with sub categories and submit the listing.

Create the following customer accounts in your computerised bookkeeping system:

Customer Information: D1 D2
Code Or001 Cas001
Name of Debtor Office Ltd Cash Sales
Category Local Customer Local Customer
P O Box 853
City and Postal Code Newdale, 2578
Sales Rep Janet
Telephone 031 778 5896
Mobile 082 444 5555
Email info@office.co.za
Vat No Vat no: 4123456789
Print statements Print
Normal Terms 30 days Current
Early Terms 2.5 % 30 days and last day of month No terms
Interest from One period after Terms
Price lists Business Standard
Credit Limit 5 000
Tax Method Inclusive Inclusive

CPBK-ICBASG3–QP-2023.v1 Page 7 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Create the following customer categories in your computerised system.

 Local Customers
 International Customers

Please add the following sales representative in your computerised accounting system:

Representative 1 Representative 2
User 0 User 0
Janet Thabo
Pay Commission on Sales Pay Commission on Gross Profit
From 1 to 2999 sales 2.5%
From 3000 to 3999 sales 5%
From 4000 sales Onward 10%

Create the following supplier accounts in your computerised bookkeeping system:

Creditors Information: C1 C2 C3
Code C001 IC001 BB001
Name of Creditors Chemicals CC Industry Clean Brooms
Category Local Local Local
P O Box 16 4 58
City and Postal Code Northdale, 3578 Southdale, 3678 Eastside, 3778
Contact person Simon Graham Jolene
Telephone 069 345 5454 069 3456464 069 345 7474
Mobile 088 2124356
Email info@chemicals.com gr@industry.com info@brooms.com
Vat No 4879064321 4536278190 4789456122
Print Remittance and documents Print Print Print
Normal Terms 30 days 30 days 30 days
5% 30 days and last day of
Early Terms No terms No Terms
month
Credit Limit 10 000
Tax Method Inclusive Inclusive Inclusive

Create the following supplier category in your computerised bookkeeping system:

 Local

Create the following Early Terms from last day of month, in your computerised bookkeeping system:
Discount Percentage Days
2.5% 30 Days
5% 30 Days

CPBK-ICBASG3–QP-2023.v1 Page 8 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Create the following inventory items in your computerised bookkeeping system, all prices are inclusive of VAT
and must be set for the Inventory Goods and Services group and Categories.

 Service Cleaning
 Service Special Cleaning
 Product - Cleaning Products
 Product - Cleaning Accessories

Create the following inventory Service Items and Inventory Product Items in your computerised bookkeeping
system, all prices are inclusive of VAT and must be set for the Inventory Goods and Services group and
Categories.

Code Item Name Services Group Unit Standard Business Personal

CL01 Carpet Clean Services S/m 10.00 9.00 11.00
Fw01 Floor Wash Services S/m 2.00 1.00 3.00
Fp01 Floor Polish Services S/m 6.00 5.00 7.00
Ww01 Window Wash Clean Services S/m 5.00 3.00 6.00
Wall01 Wall Wash Services S/m 9.00 8.00 10.00

Min Max
Code Item Name Product Group Bin Number Unit Standard Business Personal
Reorder Reorder
CS01 Carpet shampoo Inventory Goods Room A 25L 210.00 200.00 220.00 10 20
Fw01 Floor Wax Polish Inventory Goods Room A 25Kg 500.00 480.00 520.00 5 10
Fs01 Fabric Spot Remover Inventory Goods Room A 25L 240.00 220.00 260.00 10 20
Rg01 Rags Inventory Goods Stores Bag 200.00 190.00 210.00 5 10
HDL Heavy Duty Liquid Inventory Goods Room A 25L 260.00 240.00 280.00 15 25
Mp01 Broom Inventory Goods Stores each 50.00 40.00 55.00 20 40
Sb01 Hand Scrubbing Brush Inventory Goods Stores each 10.00 8.00 11.00 20 50
Bs01 Brush Scrub Soft Inventory Goods Stores each 10.00 8.00 11.00
Dc01 Dust Cleaning Pack Inventory Goods Room A Pac/each 30.00 25.00 33.00 18.00
Gel Window Gel Inventory Goods Room A 25 L 65.00

CPBK-ICBASG3–QP-2023.v1 Page 9 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Process the following Take on Balances for Thabo’s Spring-Cleaning Services as at 28 February 2020.

The Balance Sheet of Thabo’s Spring-Cleaning Services – 28 February 2020.

Thabo’s Spring-Cleaning Service Balance Sheet as end February

2020
Assets Liabilities
Visa Card 4 000.00 Sundry Suppliers Accounting 500.00
Cash Investment 5 000.00 Building Loan Bank 75 000.00
Inventory 5 287.20
Land and Buildings 75 000.00 Owners’ Equity
Equipment 10 000.00 Thabo’s Original Startup Capital 0.00
Drawings 0.00
Retained Earnings 18 500.00
Suspense 5 287.20
Total Assets 99 287.20 Total Liabilities and Equity 99 287.20

Take on the Stock Balances as at the 28 February 2020 for Thabo’s Spring Cleans Services
Code Item Name Category Bin Number Unit Quantity Cost Price Exl Vat Total Value
CS01 Carpet shampoo Inventory Goods Room A 25L 10.00 104.35 1 043.50
Fw01 Floor Wax Polish Inventory Goods Room A 25Kg 3.00 260.87 782.61
Fs01 Fabric Spot Remover Inventory Goods Room A 25L 10.00 121.74 1 217.40
Rg01 Rags Inventory Goods Stores Bag 5.00 86.96 434.80
HDL Heavy Duty Liquid Inventory Goods Room A 25L 10.00 139.13 1 391.30
Mp01 Broom Inventory Goods Stores each 5.00 17.39 86.96
Sb01 Hand Scrubbing Brush Inventory Goods Stores each 10.00 3.05 30.50
Bs01 Brush Scrub Soft Inventory Goods Stores each 10.00 3.05 30.50
Dc01 Dust Cleaning Pack Inventory Goods Room A Pac/each 10.00 15.66 156.60
Gel Window Gel Inventory Goods Room A 25 L 2.00 56.52 113.04
Total 5 287.20

CPBK-ICBASG3–QP-2023.v1 Page 10 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Source documents of Thabo’s Spring-Cleaning Services for March 2020:

Process the following Accounts Payable transactions in Thabo’s Spring-Cleaning Services.The non stock items
are purchased on a 30 day account from Suppliers.

Date/Delivery Date Description Amount

Bought Goods from Chemicals on Credit from Supplier

Inv 7
Prices Inc Vat per item
01/03/2020 R410.00
1x Carpet Shampoo @R120.00
1x Heavy Duty Liquid@R160.00
2x Window Gel@R65.00
Purchased Goods on Account, from Brooms InBR
Price Inc Vat per Item
20X Brooms@R20.00
02/03/2020 R1 210.00
20x Hand Scrubbing Brush@R3.50
20x Mops @R12.00
5x Rag Bags @R100
Purchased goods on credit from Industry Clean, Inv 859
Prices Inc Vat per item
25x Buckets@R3.80
03/03/2020 R425.00
25x Window Cleaning Squeegees@R4.20
10x Window Cleaning Kits
@R22.50
Bought Goods from Chemicals CC ref Inv 12
Prices Inc Vat per Item
05/03/2020 25x Dust Cleaning Pac/kit@R18.00 R3 350.00
5x Floor Wax@R300.00
10x Fabric Sport Remover@R140.00

Purchased from Chemicals CC; Inv 100

Prices Inc Vat per Item
10/03/2020 20x Bathroom Air Fresh Kits@R55.00 R3 600.00
20x Amonia Wash@R120.00
10x Furniture Oil @R10.00

Bough the following equipment

Bam Equipment, ref Inv 20
Prices Inc Vat per Item
1x Steam Machine@R18000.00
05/03/2020 R64 300.00
2x Dry and Wet Combo Cleaner@R4500.00
2x Vacuum Cleaner@R3500.00
2x Drying Machine@R11900.00
1x Compressor@R6500.00
Purchased Stationery on account from
BC Stationary Supplies Inv 42
08/03/2020 R657.90
Inc Vat
Various Pens
Purchased Protective Boots
From Protective Clothing
06/03/2020 R425.00
Inv100
1x Protective Boots Inc Vat
Purchased items from
Chemicals CC Inc price
15/03/2020 Order 921 R1 500.00
5x Fabric Spot Remover 25L @R140.00
5x Heavy Duty Liquid 25L@R160.00
Chemicals CC I Returned the following Goods Purchased by Thabo’s Spring-Cleaning Services Inclusive pricing
27/03/2020 Incorrect Heavy-Duty Liquid R160.00
1x Heavy duty Liquid @R160.00

CPBK-ICBASG3–QP-2023.v1 Page 11 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Thabo’s Spring-Cleaning Services process all Accounts Receivable transactions for the month of March 2020.
Prices for goods sold and returned are inclusive of VAT. Certain customers receive Early Payments Terms.

Date Description Amount

Office Ltd
Order no 3258
04/03/2020 R50.00
Business Pricing
Wash floors 50 sqm
Sun Vest Building
Order no 3280
Business Pricing
Clean Carpets in Passage 50 Sqm
05/03/2020 R3 698.00
Wash Floor hall Interior 548 Sqm
Floor Polish Main Hall Floor540 sqm
Received an Early Term Discount
5% within 14 days from period end
Z Moss
06/03/2020 Order no 3301
R220.00
Personal Pricing
Clean up After Party 2 hours @R110.00 per hour Inc Vat
Top Cars
Local Customer
Order no 3309
09/03/2020 R126.00
Business Pricing Incl.
Following services rendered.
Window Wash 42 S/m
Cash Sale Customer purchased the following.
Standard Pricing Incl.
Per Item
10/03/2020 2x Heavy Duty Cleaner 25L@r260.00 R1 035.00
1x Windows Gel 25L@R65.00
5x Brooms
1x Rags (Bag)
Services Rendered to
Office Ltd
11/03/2020 Floor Wash 50 S/m R260.00
Carpet Clean 20 S/m
Window Wash 10 S/m
Sold Good and Services to Office Ltd
18/03/2020 Carpet Clean 50 S/m R900.00
5x Bathroom Air Fresh Kits @R90.00
Sold Goods on credit to
Sun Vest Building
Per Item Inc Vat
19/03/2020 Cleanup 3 hours @R100.00 R636.00
Brooms x2 @R40.00
Hand Scrubbing brush x2 @R8.00
Heavy Duty cleaner x1 @ R240.oo
Sold Goods to HH Wear Create
Customer Receives the Business Pricing list and Prices Inc vat, per item and the customer receives the normal
company terms.
24/03/2020 R1 420.00
5x Heavy Duty Liquid @2
R240.00
1x Fabric Spot Remover @ R220.00
HH Wear
Returns Goods sold by Thabo’s Spring-Cleaning Services.
Goods Incorrectly ordered.
26/03/2020 Customer Receives the Business Pricing list and Prices Inc vat, per item and the customer receives the normal R1 200.00
company terms.
5x Heavy Duty Liquid @2
R240.00

CPBK-ICBASG3–QP-2023.v1 Page 12 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Thabo the owner of Thabo’s Spring-Cleaning Services has calculated deprecation on a period basis of 30 Days
for all his fixed assets owned in the business.

Process and post the following depreciation amounts into the Computerised Booking System as at 31 March
2020 for Thabo’s Spring-Cleaning Services.

 Plant and Equipment R940.00

 Motor vehicles R730.00
 Furniture and Fittings R14.60

Process the following Cash Book entries for Receipts and Payments and apply VAT where necessary (certain
entries are exclusive and inclusive), for the month of March 2020 for Thabo’s Spring-Cleaning Services. With certain
transactions, the Bank Transfer account method is to be applied if and where necessary.

Date Doc no. Description Amount

01/03/2020 Owner Thabo deposited his startup capital for the business R250 000.00
09/03/2020 Cash Received for the Cash Sale of goods sold R1 035.00
09/03/2020 F.Moss paid into our account R220.00
09/03/2020 Cash Received (rental for a cleaning machine) R85.00

Paid Super Props:

March Rental R 4000.00
02/03/2020 Cq1 Rental Deposit R4000.00 R8 200.00
Create account 8250/000
Admin Legal Costs R200.00

02/03/2020 Cq2 Paid an electronic deposit in advance to Local Municipality Council (electricity) R1 000.00
03/03/2020 Cq3 Transfer to Petty Cash for the purchase of cash items R5 000.00
03/03/2020 Cq4 Purchase of Telkom Airtime R200.00
03/03/2020 Cq5 Paid BC Stationary Supplies R657.90
03/03/2020 Cq6 Paid Office Furniture for the purchase of an office cabinet R1 000.00
04/03/2020 Cq7 Paid Bam Equipment for machinery equipment purchased R64 300.00
06/03/2020 Cq8 Purchased a Volkswagen Caddy (to be used for business purposes) R50 000.00
07/03/2020 Cq9 Paid Protective Clothing (ref Inv. 100) R425.00
30/03/2020 Cq10 Salary paid - Brian R1 800.00
30/03/2020 Cq11 Salary paid - Jolene R1 800.00
30/03/2020 Cq12 Paid wages - James R2 500.00
30/03/2020 Cq13 Paid for Security Services (ADT) R250.00
30/03/2020 Cq14 Salary paid - Clifford R3 000.00
30/03/2020 Cq15 Salary paid - Mrs Dice R2 000.00
30/03/2020 Cq16 Paid monthly outstanding Wage for an employee termination R2 000.00
30/03/2020 Cq17 Paid monthly salary to stores Manager - Mr Stephens R2 000.00

CPBK-ICBASG3–QP-2023.v1 Page 13 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

The following Petty Cash transactions took place in the month of March 2020 for Thabo’s Cleaning Services
payments inclusive.

Date Description Amount

04/03/2020 Bought goods at Family Store (coffee, tea & sugar) R186.00
05/03/2020 Newdale Advertiser (placed an advert in Newdale Advertiser) R350.00
05/03/2020 Family Store (purchased envelopes) R25.00
05/03/2020 Post Office (purchased stamps) R24.00
07/03/2020 Temporary Staff Wages R1 600.00
09/03/2020 Newdale Engen Service Station (purchased fuel) R200.00
09/03/2020 Family Store (purchased cleaning items) R100.00
15/03/2020 Thabo the Owner (drew cash for personal use) R500.00

Process and reconcile the following Bank Statement of Thabo’s Spring-Cleaning Services for the month of March
2020:

CAPITAL BANK
Statement Capital Bank
Current Account 7897897411 Page 1
Vat: 4000010166
Thabo’s Spring-Cleaning
Services PO box 40
Newdale, 2578
Statement 1 - 31 March 2020

Date Narrative Reference Amount Dr/Cr Balance Dr/Cr

01/03/2020 Balance forward 0.00
01/03/2020 Deposit 250 000.00 Cr 250 000.00 Cr
01/03/2020 Bank Fees 12.00 Dr 249 988.00 Cr
01/03/2020 Cheque Cq3 5 000.00 Dr 244 988.00 Cr
02/03/2020 Cheque Cq1 8 200.00 Dr 236 788.00 Cr
02/03/2020 Cheque Cq2 1 000.00 Dr 235 788.00 Cr
03/03/2020 Cheque Cq5 657.90 Dr 235 130.10 Cr
03/03/2020 Cheque Cq4 200.00 Dr 234 930.10 Cr
03/03/2020 Cheque Cq6 1 000.00 Dr 233 930.10 Cr
04/03/2020 Cheque Cq7 64 300.00 Dr 169 630.10 Cr
07/03/2020 Cheque Cq8 50 000.00 Dr 119 630.10 Cr
07/03/2020 Cheque Cq9 425.00 Dr 119 205.10 Cr
09/03/2020 Deposit 1 340.00 Cr 120 545.10 Cr
30/03/2020 Cheque Cq12 2 500.00 Dr 118 045.10 Cr
30/03/2020 Cheque Cq14 3 000.00 Dr 115 045.10 Cr
30/03/2020 Cheque Cq17 2 000.00 Dr 113 045.10 Cr
31/03/2020 Bank fees 170.00 Dr 112 875.10 Cr
31/03/2020 Bank Duty 2.00 Dr 112 873.10 Cr
31/03/2020 Interest Rec 628.50 Cr 113 501.60 Cr
Closing Balance 113 501.60 Cr

CPBK-ICBASG3–QP-2023.v1 Page 14 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Final Trial Balance for the month of March 2020 for Thabo’s Spring-Cleaning Services:

CPBK-ICBASG3–QP-2023.v1 Page 15 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

APPENDIX A - QUESTION 1

Creditors journal of Thabo’s Spring-Cleaning Service - March 2020 CJ12

Creditors Trading Sundries
Doc. no. Date Details Fol. VAT input
control inventory Amount Fol. Details
Inv7 01 Chemicals cc C1 410.00 53.48 356.52
INBR 02 Brooms C3 1 210.00 157.82 1 052.18
Inv859 03 Industrial Clean C2 425.00 55.44 369.56
Inv12 05 Chemicals cc C1 3 350.00 436.96 2 913.04
Inv100 10 Chemicals cc C1 3 600.00 469.56 3 130.44
Inv20 05 Bam Equipment 64 300.00 8 386.96 55 913.04 Purchase Equipment
Inv42 08 Bc Stationary 657.90 85.81 572.09 Stationary
Inv100 06 Protective Clothing 425.00 55.43 369.57 Safety Boots
Order921 15 Chemicals cc C1 1 500.00 195.65 1 304.35

75 877.90 9 897.11 9 126.09 56 854.70

Cr creditors Dr VAT Dr Trading

Dr Indiv a/c's
Control input Inventory

CPBK-ICBASG3–QP-2023.v1 Page 16 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Creditors allowances journal of Thabo’s Spring-Cleaning Service - March 2020 CAJ12

Doc. Creditors Trading Sundries

Date Details Fol. VAT output
no. control Inventory Amount Fol. Details
27 Chemicals cc C1 160.00 20.87 139.13

160.00 20.87 139.13

Dr creditors Cr VAT Cr Trading

Cr Indiv a/c's
control output Inventory

Debtors journal of Thabo’s Spring-Cleaning Service March 2020

Debtors VAT
Doc. no. Date Details Fol. Sales
control output
Order no 3258 04 Office Ltd D1 50.00 6.52 43.48
Order no 3280 05 Sun Vest Building 3 698.00 482.35 3 215.65
Order no 331 06 Z Moss 220.00 28.70 191.30
Order no 3309 09 Top Cars 126.00 16.44 109.56
10 Cash Sale D2 1 035.00 135.00 900.00
11 Office Ltd D1 260.00 33.91 226.09
18 Office Ltd D2 900.00 117.39 782.61
19 Sun Vest Building 636.00 82.96 553.04
24 HH Wear 1 420.00 185.22 1 234.78
8 345.00 1 088.49 7 256.51

Dr Cr Cr
Debtors Control VAT output sales

Debtors allowances journal of Thabo’s Spring-Cleaning Service - March 2020

Debtors VAT Sales
Doc. no. Date Details Fol.
Control input returns
26 HH Wear 1 200.00 156.52 1 043.48

1 200.00 156.52 1 043.48

Cr Dr Dr
Debtors control B9 VAT input B16 sales returns N2

CPBK-ICBASG3–QP-2023.v1 Page 17 of 21
 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Cashbook receipts for Thabo’s Spring-Cleaning Service - March 2020 CBR12

Analysis of Debtors VAT Sundries Cost of sales

Doc. no. Date Details Fol. Bank Sales
receipts control output Amount Fol. Details
01 Thabo the Owner deposited Capital 250 000.00 250 000.00 Startup Share Capital
09 Cash Sale Received Cash D2 1 035.00
09 Z Moss 220.00 1 340.00 1 340.00
31 Interest received 628.50 628.50 628.50 Interest Received by Bank

251 968.50 1 340.00 250 628.50

Cr Cr Dr
Dr Cr
Debtors VAT Cr Indiv a/c's Cost of Sales
Bank B8 Sales
Control Output N3

Cr
Trade. Inv. B12

CPBK-ICBASG3–QP-2023.v1 Page 18of 21

 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Cashbook payments of Thabo’s Spring-Cleaning Service - March 2020 CBP12

Creditors Trading Sundries
Doc. no. Date Name of payee Fol. Bank VAT input
control inventory Amount Fol. Details
Cq1 01 Super Props 8 200.00 521.74 3 478.26 March Rental
4 000.00 Rental Deposit
26.09 173.91 Admin legal Fee
Cq2 02 Local Municipality 1 000.00 1 000.00 Electricity Deposit
Cq3 03 Petty Cash 5 000.00 5 000.00
Cq4 03 Telkom Airtime 200.00 26.09 173.91 Airtime
Cq5 03 BC Stationary Supplies 657.90 657.90
Cq6 03 Office Furniture 1 000.00 130.43 869.57 Bought a Cabinet
Cq7 04 Bam Equipment 64 300.00 64 300.00 Bought Equipment
Cq8 06 Purchased Volkswagen Caddy 50 000.00 6 521.74 43 478.26 Purchased a Vehicle
Cq9 07 Protective Clothing 425.00 425.00
Cq10 30 Salary Brain 1 800.00 1 800.00 Salary
Cq11 30 Salary Jolene 1 800.00 1 800.00 Salary
Cq12 30 Wages James 2 500.00 2 500.00 Wage
Cq13 30 Security Services 250.00 32.61 217.39 Monthly Security Fee
Cq14 30 Salary Cliford 3 000.00 3 000.00 Salary
Cq15 30 Mrs Dice 2 000.00 2 000.00 Salary
Cq16 30 Employee terminated 2 000.00 2 000.00 Salary
Cq17 30 Mr Stephens Stores 2 000.00 2 000.00 Salary
BC 31 Bank Fee 12.00 1.57 10.43 Bank Fee Cheque Book
BC 31 Bank Fee 170.00 22.17 147.83 Bank Charge
BC 31 Bank Fee 2.00 0.26 1.74 Bank Fee
146 316.90 1 082.90 7 282.70 137 951.30

Dr
Cr Dr Dr
Trading
Bank Creditors VAT Input Dr Indiv a/c's
inventory
B8 control B14 B16
B12

CPBK-ICBASG3–QP-2023.v1 Page 19of 21

 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENTS 3 QUESTION PAPER – APR 2020 TO MAR 2021

Petty cash journal of Thabo’s Spring-Cleaning Service - March 2020 PCJ12

Postage and Office Sundries

Doc. no. Date Details Fol. Petty cash VAT input
Stationery Refreshments Amount Fol. Details
PCV1 04 Family Store Coffee tea, sugar purchase 186.00 186.00
PCV2 05 Newdale Advertiser 350.00 45.65 304.35 Advertising Adverts
PCV03 05 Family Store 25.00 21.74 3.26
PCV04 05 Post Office 24.00 3.13 20.87 Stamps
PCV05 07 Wages Temporary 1 600.00 1 600.00 Wages
PCV06 09 Engen Service 200.00 200.00 Fuel
PCV07 09 Family Store Cleaning 100.00 13.04 86.96 Cleaning purchases
Pcv08 15 Owner took Cash 500.00 500.00 Drawings
2 985.00 21.74 186.00 65.08 2 712.18

Dr Dr
Cr Dr
Postage & Office Dr Indiv a/c's
Petty Cash VAT Input
stationery refreshments

CPBK-ICBASG–QP-2023.v2 Page 20of 21

 COMPUTERISED BOOKKEEPING (CPBK)
ICB ASSIGNMENT 3 QUESTION PAPER –APR 2023 TO MAR 2024

Bank reconciliation statement of Thabo’s Spring-Cleaning Service - March 2020

Details Amount (R)

Balance as per bank statement 0.00

Less Payments outstanding
Payments (138 466.90)
Receipts 251 968.50

Balance as per bank account Closing 113 501.60

CPBK-ICBASG3–QP-2023.v1 Page 21of 21