1.

Correct answer is (4) R135 000

2. Correct answer is (1) R33 367

3. Correct answer is (3) R182 433

4. Correct answer is (3) R9 799

5. Correct answer is (4) R235 000

6. Correct answer is (3) R200 595

7. Correct answer is (5) Accrued expenses, R2 600

8. Correct answer is (2) Asset; Prepayments; R1 950.

9. Correct answer is (5)

10. Correct answer is (2) Allowance for credit losses account debited; and the
credit losses account will be credited; with an amount of R1 450.

11. Correct answer is (3) R 1 875

12. Correct answer is (3) R1 800

13. Correct answer is (1) R14 430

14. Correct answer is (3) Debit Bank, R30 000; Credit Harry Ford Fund, R30 000.

15. Correct answer is (4) R Nil