Page 260 - Accountancy_F5

Solution 8.6
Dr Crushing machine account Cr

Date Details TZS Date Details TZS
01 Jan. 2018 Makala Supplies 6,000,000 31 Dec. 2018 Balance c/d 6,000,000
st
st
01 Jan. 2019 Ltd. 6,000,000 31 Dec. 2019 Balance c/d 6,000,000
st
st
FOR ONLINE READING ONLY
01 Jan. 2020 Balance b/d 6,000,000 31 Dec. 2020 Balance c/d 6,000,000
st
st
Balance b/d
Dr Hire purchase Interest account Cr
Date Details TZS Date Details TZS
LANGUAGE EDITING
31 Dec. 31 Dec.
st
st
2018 Makala Supplies Ltd. 600,000 2018 Statement of P/L 600,000

2019 Makala Supplies Ltd. 418,724 2019 Statement of P/L 418,724

2020 Makala Supplies Ltd. 219,320.4 2020 Statement of P/L 219,320.40
Dr Makala Supplies Ltd. Account Cr
TZS
Date
Details
Details
Date LANGUAGE EDITING TZS
st
31 Dec, 2018 Bank 2,412,760 01 Jan. 2018 Crushing machine 6,000,000
st
31 Dec. 2018 Balance c/d 4,187,240 31 Dec. 2018 H-purchase interest 600,000
st
st
6,600,000 6 ,600,000
31 Dec. 2019 Bank 2,412,760 01 Jan. 2019 Balance b/d 4,187,240
st
st
31 Dec. 2019 Balance c/d 2,193,204 31 Dec. 2019 H-purchase interest 418,724
st
st
4,605,964 4,605,964
31 Dec. 2019 Bank 2,412,524 01 Jan. 2020 Balance b/d 2,193,204
st
st
31 Dec. 2020 H-purchase interest 19,320
st
2,412,524 2,412,524
Dr Provision for depreciation on crushing machinery account Cr
Date Details TZS Date Details TZS
31 Dec. 2018 Balance c/d 1,200,000 31 Dec. 2018 Statement of P/L 1,200,000
st
st
01 Jan. 2019 Balance b/d 1,200,000
st
31 Dec. 2019 Balance c/d 2,400,000 31 Dec. 2019 Statement of P/L 1,200,000
st
st
2,400,000 2,400,000
01 Jan. 2020 Balance b/d
st
31 Dec. 2020 Balance c/d 3,600,000 31 Dec. 2020 Statement of P/L 2,400,000
st
st
1,200,000
3,600,000 3,600,000
Student’s Book Form Five
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23/06/2024 17:36
ACCOUNTANCY_DUMMY_23 JUNE.indd 247
ACCOUNTANCY_DUMMY_23 JUNE.indd 247 23/06/2024 17:36