TASK 8.

2 ⌘ Gourmet Spices: DJ and DAJ

GOURMET SPICES
DEBTORS JOURNAL - MARCH 20.1 DJ
Inv. No. D Debtor Fol Sales Cost of sales
DL1
74 1 B. Birkenstock 900 600
DL2
75 5 C. Shutte 540 300
DL3
76 12 L. Naidoo 2000 1000
R 3440 R 1900

DEBTORS ALLOWANCES JOURNAL - MARCH 20.1 DAJ

Debtors
C/N No. D Debtor Fol Cost of sales
Allowances
DL1
33 6 B. Birkenstock 450 300
DL2
34 10 C. Shutte 90 -
DL3
35 15 L. Naidoo 1000 500
R 1540 R 800

New Era Accounting for Grade 9 1 Exercise Book

TASK 8.3 Gourmet Spices: DJ, DAJ, General Ledger,
Debtors Ledger, Debtors List
8.3.1 GENERAL LEDGER OF GOURMET SPICES
BALANCE SHEET ACCOUNTS SECTION
Dr TRADING STOCK B3 Cr
B/
1 Balance D 37000

DEBTORS CONTROL B4

NOMINAL ACCOUNTS SECTION

SALES N1

COST OF SALES N2

New Era Accounting for Grade 9 2 Exercise Book

Dr DEBTORS ALLOWANCES N3 Cr

8.3.2 DEBTORS LEDGER OF GOURMET SPICES

B. BIRKENSTOCK DL1
Date Details Fol Debit Credit Balance

C. SCHUTTE DL2
Date Details Fol Debit Credit Balance

L. NAIDOO DL3
Date Details Fol Debit Credit Balance

8.3.3 DEBTORS LIST ON 31 MARCH 20.1

Debtor Fol Amount

New Era Accounting for Grade 9 3 Exercise Book

TASK 8.4 ⌘ Dlamini Juices: DJ, DAJ and CRJ
DEBTORS JOURNAL OF DLAMINI JUICES - JULY 20.1 DJ
Inv. No. D Debtor Fol Sales Cost of sales

DEBTORS ALLOWANCES JOURNAL OF DLAMINI JUICES - JULY 20.1 DAJ

Debtors
C/N No. D Debtor Fol Cost of sales
Allowances

New Era Accounting for Grade 9 4 Exercise Book

CASH RECEIPTS JOURNAL FOR D&T TRADERS - JULY 20.1 CRJ
Doc. Analysis of Debtors Cost of Sundry accounts
D Details Fol Bank Sales
no. receipts control sales Amount Fol Details

TASK 8.5 Dlamini Juices: DJ, DAJ, CRJ, General Ledger, Debtors Ledger, Debtors List
8.5.1 GENERAL LEDGER OF DLAMINI JUICES
BALANCE SHEET ACCOUNTS SECTION
Dr TRADING STOCK B3 Cr

New Era Accounting for Grade 9 5 Exercise Book

Dr DEBTORS CONTROL B4 Cr

NOMINAL ACCOUNTS SECTION

SALES N1

COST OF SALES N2

DEBTORS ALLOWANCES N3

New Era Accounting for Grade 9 6 Exercise Book

8.5.2 DEBTORS LEDGER OF DLAMINI JUICES
T. WILCOX DL1
Date Details Fol Debit Credit Balance

S. MKHIZE DL2
Date Details Fol Debit Credit Balance

R. RENKEN DL3
Date Details Fol Debit Credit Balance

8.5.3 DEBTORS LIST ON 31 JULY 20.1

Debtor Fol Amount
T. Wilcox DL1
S. Mkhize DL2
R. Renken DL3
Balance per Debtors control a/c B4

New Era Accounting for Grade 9 7 Exercise Book

TASK 8.6 Magpie Stores: Post to the General Ledger,
Debtors Ledger and Debtors List
8.6.1/2/3 GENERAL LEDGER OF MAGPIE STORES
BALANCE SHEET ACCOUNTS SECTION
Dr DEBTORS CONTROL B7 Cr

TRADING STOCK B9

NOMINAL ACCOUNTS SECTION

SALES N1

COST OF SALES N2

DEBTORS ALLOWANCES N3

New Era Accounting for Grade 9 8 Exercise Book

DEBTORS LEDGER OF MAGPIE STORES
T. THOMAS DL1
Date Details Fol Debit Credit Balance

S. SWIFT DL2
Date Details Fol Debit Credit Balance

DEBTORS LIST ON 28 FEBRUARY 20.2

Debtor Fol Amount

Balance per Debtors control a/c

TASK 8.7 Mbambo Stores: General Ledger, Debtors Ledger

GENERAL LEDGER OF MBAMBO STORES
BALANCE SHEET ACCOUNTS SECTION
Dr TRADING STOCK B12 Cr
20.8 20.8
3
Aug 1 Balance (a) 20 000 Aug 1 Cost of sales (d) 15 000
3
1 (b) CPJ 14 000 (e) DJ 13 000

(c) DAJ 1 000 Balance c/d

Sep
t 1 Balance b/d

New Era Accounting for Grade 9 9 Exercise Book

Dr DEBTORS CONTROL B14 Cr
20.8 20.8
3
Aug 1 Balance b/d 12 800 Aug 1 Bank (h) 21 800
3
1 (f) DJ (g) (i) DAJ 2 000

Balance c/d

Sep
t 1 Balance b/d

DEBTORS LEDGER OF MBAMBO STORES

A. ASHIRU DL1
Date Details Fol Debit Credit Balance

Aug 1 Balance b/d (j)

8 Receipt 84 (k) 500 700

11 Invoice 123 (l) (m) 2 650

18 (n) DAJ 800 (o)

New Era Accounting for Grade 9 10 Exercise Book

TASK 8.8 ⌘ BB Beverages: Accounting equation, CAJ, General Ledger
8.8.1 ACCOUNTING EQUATION
DATE JOURNAL DOCUMENT ACCOUNT DR ACCOUNT CR A= O+ L

8.8.2 CREDITORS ALLOWANCES JOURNAL OF BB BEVERAGES – JANUARY 20.9 CAJ

D/N Creditors Trading Sundry accounts
D Details Fol Furniture Stationery
No. control stock Amount Fol Details

New Era Accounting for Grade 9 11 Exercise Book

8.8.3 GENERAL LEDGER OF BB BEVERAGES
BALANCE SHEET ACCOUNTS SECTION
Dr CREDITORS CONTROL B6 Cr

FURNITURE B7

TRADING STOCK B8

NOMINAL ACCOUNTS SECTION

STATIONERY N9

New Era Accounting for Grade 9 12 Exercise Book

TASK 8.9 ⌘ Mncwabe’s Corner Store: CJ, CAJ, CPJ, Accounting equation
8.9.1
CREDITORS JOURNAL OF MNCAWBE’S CORNER STORE – OCTOBER 20.7 CJ
Inv. Creditors Trading Consumab Sundry accounts
D Details Fol Equipment
No. control stock le stores Amount Fol Details

CREDITORS ALLOWANCES JOURNAL OF MNCAWBE’S CORNER STORE – OCTOBER 20.7 CAJ

D/N Creditors Trading Equip- Consuma- Sundry accounts
D Details Fol
No. control stock ment ble stores Amount Fol Details

New Era Accounting for Grade 9 13 Exercise Book

CASH PAYMENTS JOURNAL OF MNCAWBE’S CORNER STORE – OCTOBER 20.7 CPJ
Doc. Trading Creditors Sundry accounts
D Details Fol Bank Stationery
No. stock control Amount Fol Details

New Era Accounting for Grade 9 14 Exercise Book

8.9.2 ACCOUNTING EQUATION
DATE JOURNAL DOCUMENT ACCOUNT DR ACCOUNT CR A= O+ L

New Era Accounting for Grade 9 15 Exercise Book

TASK 8.10 ⌘ Mncwabe’s Corner Store: CJ, CAJ, CPJ, General
Ledger, Creditors Ledger, Creditors List,
Interpretation
8.10.1 GENERAL LEDGER OF MNCAWBE’S CORNER STORE
BALANCE SHEET ACCOUNTS SECTION
Dr BANK B1 Cr

EQUIPMENT B2

TRADING STOCK B3

CREDITORS CONTROL B4

New Era Accounting for Grade 9 16 Exercise Book

Dr LOAN FROM QT LENDERS B5 Cr

NOMINAL ACCOUNTS SECTION

ADVERTISING N9

CONSUMABLE STORES N10

REPAIRS N11

INTEREST ON LOAN N12

New Era Accounting for Grade 9 17 Exercise Book

Dr TELEPHONE N13 Cr

BANK CHARGES N14

8.10.2 CREDITORS LEDGER OF MNCAWBE’S CORNER SHOP

JAMIESON & CO. CL1

Date Details Fol Debit Credit Balance

SS GLASS CL2
Date Details Fol Debit Credit Balance

CAXTON NEWSPAPERS CL3

Date Details Fol Debit Credit Balance

OK GROCERS CL4
Date Details Fol Debit Credit Balance

New Era Accounting for Grade 9 18 Exercise Book

AC KERMAN CL5
Date Details Fol Debit Credit Balance

8.10.3 CREDITORS LIST ON 31 OCTOBER 20.7

Creditor Fol Amount
Jamieson & Co CL1
SS Glass CL2
Caxton Newspapers CL3
OK Grocers CL4
AC Kerman CL5
Balance per Creditors control a/c B4

8.10.4 It is good business practice to pay accounts promptly to avoid interest. Could the
business have paid its creditors the full amounts owing at the start of the month?
Explain your answer.

8.10.5 If the business did not have enough money to pay all its accounts, what could it do?

New Era Accounting for Grade 9 19 Exercise Book

TASK 8.11 ⌘ Happy Homes: CJ, CAJ, CPJ, General Ledger, Creditors Ledger, Creditors List
8.11.1
CREDITORS JOURNAL OF HAPPY HOMES FOR AUGUST 20.2 CJ8
Inv. Creditors Trading Equip- Sundry accounts
D Details Fol Stationery
No. control stock ment Amount Fol Details

CREDITORS ALLOWANCES JOURNAL OF HAPPY HOMES FOR AUGUST 20.2 CAJ8

D/N Creditors Trading Equip- Sundry accounts
D Details Fol Stationery
No. control stock ment Amount Fol Details

New Era Accounting for Grade 9 20 Exercise Book

CASH PAYMENTS JOURNAL OF HAPPY HOMES FOR AUGUST 20.2 CPJ8
Doc. Trading Creditors Station- Sundry accounts
D Details Fol Bank Wages
No. stock control ery Amount Fol Details

New Era Accounting for Grade 9 21 Exercise Book

8.11.2 GENERAL LEDGER OF HAPPY HOMES
BALANCE SHEET ACCOUNTS SECTION
Dr BANK B1
Cr

TRADING STOCK B2

DRAWINGS B3

CREDITORS CONTROL B4

EQUIPMENT B5

New Era Accounting for Grade 9 22 Exercise

Book
New Era Accounting for Grade 9 23 Exercise
Book
 NOMINAL ACCOUNTS SECTION
Dr SALARIES & WAGES N8
Cr

STATIONERY N9

PACKING MATERIALS N10

POSTAGE N11

BANK CHARGES N12

New Era Accounting for Grade 9 24 Exercise

Book
8.11.3 CREDITORS LEDGER OF HAPPY HOMES
KLEEN SURFACE CL1
Date Details Fol Debit Credit Balance

WOODY FINISHERS CL2

Date Details Fol Debit Credit Balance

OFFICE OUTFITTERS CL3

Date Details Fol Debit Credit Balance

COMPUTER WORLD CL4

Date Details Fol Debit Credit Balance

QUICK DELIVERIES CL5

Date Details Fol Debit Credit Balance

New Era Accounting for Grade 9 25 Exercise

Book
8.11.4 CREDITORS LIST ON 31 AUGUST 20.2
Creditor Fol Amount

CHECKLIST:

New Era Accounting for Grade 9 26 Exercise

Book