Question Description
Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun?.

Solutions for Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun? defined & explained in the simplest way possible. Besides giving the explanation of Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun?, a detailed solution for Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun? has been provided alongside types of Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun? theory, EduRev gives you an ample number of questions to practice Purchases June 396 units at R120 each October 450 units at R132 each February 142 units at R 144 each March 56 units at R156 each (after trade discount)Purchase returnsJuly 56 units at R120 each March 12 units at R156 each 6. A Chinese supplier entered the market in late March and was selling its speakers at R212 each. The normal selling price of Rashgard was R283.7. During March 2024, a carton of 10 speakers purchased in March was stolen. Rashgard is not insured for losses of this nature.8. No taxation or dividends are payable for the year.Required;a) Record the journal entries to finalise the books for the year ended 31 March 2024for items 1, 2, 6 and 7 only. Narrations are not required. If no entry is required, state this fact and give a reason for your answer. (10 marks) b) Prepare the statement of comprehensive income for the year ended 31 March 2024, taking (1 – 8) above into accoun? tests, examples and also practice B Com tests.