Across
- 3. assets are recorded at the original purchase price unless otherwise stated
- 5. The rent was received for 13 months.
- 8. Received R150 from a debtor, M Mocke, whose account had been written off as a bad debt.
- 9. The water and electricity account for February 2011, R936, was received on 28 February 2011, is still outstanding.
Down
- 1. financial statements are prepared on the assumption that the company will continue operating for the fore-seeable future
- 2. Insurance includes an annual insurance premium of R900 for the following year.
- 4. Stock on hand according to a physical count on 28 February 2011: Trading stock R71 300
- 6. The fixed deposit was invested on 1 March 2010 at an interest rate of 10% p.a. Provide for the outstanding interest.
- 7. Write off the account of a debtor, F Fabe, of R350.