Grade 9 ACC Sem 2 Book 1 PDF
Document Details
Qadira Patelia
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Summary
This document covers accounting concepts like assets, transactions, and liabilities for a business, as well as examples and questions. The document also discusses cash float and debit/credit entries.
Full Transcript
Book 1 Qadira Patelia 9 4. FIRA Profit sole trader loss -SARS Tax A business that renders a service in exchange for....
Book 1 Qadira Patelia 9 4. FIRA Profit sole trader loss -SARS Tax A business that renders a service in exchange for. money A business that sells physical for item exchange a in money. - - - ↑ ~ - Fr 10 R-S- TV Gr D- Jr Ar Mr cr Or Nr er B-Q Dr Er La Her 180 10 % 198 CPX SPX - Mu -P X10 CP Cost Price > Price = - we purchase the item for Price Price we sold the item for SP = Selling > - MU = Mark-up->% profit made on the sale. R120x000 R1008 - R440x16 R 7 26 - R300x3 R405- R380x00+ R414 21 , Rizoxto = Ri R185 R212, 75 Loo R247 30, R330 x 100 +33 , 33337 , 1960 X so = 1640- Rioso X = R100 +3 123, Sox so = Rigo- R880x10 = R8oo 1390x + / 0+33 33333 = R2az , 50- , R.. 35 S-R3 50% 0006008 X100 = 50 % R15 000 6060x0 = 1500 R2000. 3600X 0 = 2000 R3500 45000x = 37500 33 3333333333. R24 , 000 18000X333333333333. = 24000 200 % ↳2500 - 200 % x 100 = 2500 194, 88 168x194 88 % , 20 % -6000x100 = 20%o 20% 192-160 20% # x100 = R9000 15000x01466 666666666689000 , CPJ CPJ CRJ CPJ CPJ CPJ CRJ CRJ CPJ CPJ CRJ CPJ CRJ CpJ CRJCPJ CPJ CRI CRJ CPJ CRJ CPJ T n I · E - E E ** i · - ⑳ ⑳ o · = - = I - 8 ~ T == E - T - % i ↳ ⑳ s ⑳ · e · r ↳ h = - - n - = - I - CRJ CPJ CRJ CPJ CRJ CPJ CPJ CPJ CRJ CPJ CpJ CpJ CRJ CRJ CPJ CPJ CPJ CRJ CPJ CPJ · : I · 8 E - T - - = I E · : - - - 9 4 Qadira Patelia... CRJ (PJ CPJ CPJ CRJ CPJ CPJ CRJ · CPJ CDJ CPJ CPJ CPJ [PJ CPJ CRJ - F · ⑧ : E E ↑ · 8 : · ↳ - - = = · ↳ - : M ⑧ - ↓ · i i ⑧ ② : e -n M 1 = = *** Qadira Patelia 94. Activity 1.1 Date_____________________________ Answer the following question Define the following concepts: 1. Asset ________________________________________________________________________________ A long lasting thing - that you use for your business. 2. Transaction ________________________________________________________________________________ A receiving payment or money between two people. - 3. Current liability months back before 12 need to pay ________________________________________________________________________________ When your loss / Money is currently more than your profit 4. Name two types of assets and give one example of each ________________________________________________________________________________ A Bank current asset : ________________________________________________________________________________ A Vehicles non-current asset : 5. Assets = _____________________________________________________________________ 1- OE + 6. Owner’s equity = ______________________________________________________________ A - 20 7. Cash in small denominations, kept in the cash register and used to give change to the customers: ________________________________________________________________________________ ~ Cash float 8. Assets increases on the _______________________ debit side and decrease on ________________________ side. - credit 9. Income increases the equity on ________________________ side and decreases on ____________________ debit side credit ~ Parent/Guardian Signature 9 deposito 1 CRJ Bank Bank Capital + 20 , 000 + 20 , 000 0 Duplicate Bank Rent 2500 O 2 CRJ receipt + + 2500 income Bank deposit 3000 0 3 CRJ slip Bank Cashsales + + 3000 scope-2 September - Jannels - Theory 1 CRJ Bank
