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Q1— Section header —
1.1Make the supplementary entries in the Cash Receip ts and Cash Payments Journal (b ank column only\ (11\
1.2Post t e totals to the b ank account in the General Ledger of Easy Tours and balance the account. (6\
1.3Compile a Bank Reconciliation Statement on 30 June 2017 to reconcile the balance of the bank account with that of the bank statement. (8\ INFORMATI ON (a\ The bank statement showed a credit balance of R160 520.
Q2— Section header —
2.1Cash Receipts Journal with additional columns for Deb tors, Creditors and Commission Received (Start with receipt number 560 (26\
2.2Debtors Journal with additio nal columns for De btors, Commission and Creditors (Start with invoice number 87 (8\
2.3Creditors Journal with additional colum ns for Equipment and Stationery (Renumber invoices from 34 (10\
2.4Deb tors, Creditors and Commission R eceived accoun ts in the General Ledger of Easy Tours (14\ INFORMATION The following commission structure is used for cash and credit transactions: International air tickets
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3.1Corrected Trial Bal ance of Easy Tours on 31 July 2017. (22\
3.2Balance Sheet of Easy Tours on 31 July 2017. (22\ The net loss from the Income Statement is R89 200. Advertising costs 5 500 Bank
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5.11\in the ANSWER BOOK. COLUMN A COLUMN B
5.11A debtor A creditor Source document for CRJ Source document for CPJ Source document for DJ Source document for CJ Owner takes money for own use Petty c
Q6— Section header —
6.1One of the requirements of a valid contract is that the parties must have contrac tual capacity. Name and briefly explain the THREE categories of contractual capacity and give an example of each. (3 + 3 + 3\
6.2Another requirement of a valid contract is that the necessary formalities must be observed. An example of such a f ormality is a written contract. Name FIVE contracts that are required by law to be in writing.
6.3Describe how an offer can be made to the general public. (2\
6.4Indicate whether the following situations will render a contract VOID (inva lid\ Only write YES or NO next to the question number (6.4.1
6.4.5\in the ANSWER BOOK.
6.4.5If there is a misunderstanding by both parties regarding the facts of the contract A mentally ill person signs a contract. A minor at the age of 13 years concludes a contract and the parent gives consent afterwards.
6.5Contr actual capacity for married wome n has changed considerably over the last few decades. Explain how the following marriage contracts work:
6.5.3
6.6Most objects or goods can be sold, b ut there are some things that may not be sold. Name FOUR things that may not be sold (4\
6.7Explain each of the following types of transferring ownership of goods:
6.7.1Symbolic delivery
6.7.2
6.8Read the following scenario and answer the questions. Bontle has just finished her tourism studies and will start to work at a travel agency soon. She wants to buy her own car to get to work
6.8.1What is this agreement called? (1\
6.8.2Who is the credit receiver? (1\
6.8.3Who is the credit provider? (1\
6.8.4Name FIVE requirements for this type of contract. (5\
6.8.5Bontle might still decide to cancel the agreement afte r the cooling off period. Explain what the cooling off period is. (3\
6.8.6Name FOUR documents that Bontle will have to supply if she decides to go through with the agreement. (4\ [50] TOTAL SECTION B: GRAND TOTAL: 50 20050
Q1— Section header —
1.1CASH RECEIPTS JOURNAL CASH PAYMENTS JOURNAL (11\
1.2GENERAL LEDGER OF EASY TOURS BANK (6\
1.3BANK RECONCILIATION STATEMENT OF EASY TOURS ON 30 JUNE 2017 Debit Credit (8\ [25] 402116525
Q2— Section header —
2.1CASH RE CEIPTS JOURNAL OF EASY TOURS FOR MAY 2017 Doc no Day Details Details of s
2.2DEBTORS JOURNAL OF EASY TOURS FOR MAY 2017 Inv. Day Debtor Creditor Fol.
2.3CREDITORS JOURNAL OF EASY TOURS FOR MAY 2017 Inv. Day Creditors Fol. Total
2.4GENERAL LEDGER OF EASY TOURS DEBTORS CREDITORS COMMISSION RECEIVED (14\ [58 4021165
Q3— Section header —
3.1TRIAL BALANCE OF EASY TOURS ON 31 JULY 2017 DEBIT CREDIT (22 4021165
3.2BALANCE SHEET OF EASY TOURS ON 31 JULY 2017 (22\ [44] 402116544
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Q5— Section header —
5.1111
Q6— Section header —
6.1(3 + 3 + 3\ (9\
6.2(5\
6.3(2 4021165 11
6.4.5(5 1\ (5\
6.5.3(3 2\ (6\
6.6(4\
6.7.14021165 12 1570 (E\
6.7.2(2 2\ (4\
6.8.1(1\
6.8.2(1\
6.8.3(1\
6.8.4(5\
6.8.5(3\
6.8.6(4\ [50] TOTAL SECTION B: GRAND TOTAL: 50 20050