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Sibasa Traders sells different product streams. Not all product streams were pro...
✅ Перевірена відповідь на це питання доступна нижче. Наші рішення, перевірені спільнотою, допомагають краще зрозуміти матеріал.
Sibasa Traders sells different product streams. Not all product streams were profitable during the 2021 financial year. At 31 August 2021, the financial year-end of Sibasa Traders, the following information was obtained from the entity’s accounting records:
R
| |
Net sales: Laptops
|
300 000
|
Net sales: Tablets
|
200 000
|
Net sales: Games
|
50 000
|
Net purchases: Laptops
|
70 000
|
Net purchases: Tablets
|
115 000
|
Net purchases: Games
|
65 000
|
Interest paid
|
12 750
|
Carriage on purchases: Laptops
|
17 000
|
Carriage on purchases: Tablets
|
16 600
|
Carriage on purchases: Games
|
12 500
|
Advertising
|
11 500
|
Water and electricity
|
15 000
|
Calculate the amount that will be transferred from the trading account to the profit or loss account for the Games product line for the year ended 31 August 2021.
NB: Instructions
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Only show the amount, do not show the R (eg: 12141.72)
3. If the total amount calculated is a loss, please enter the amount as a negative (eg: -12141.72), if the amount calculated is a profit, please enter the amount as a positive (eg: 12141.72)