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huangyi's Question
Math
Posted 6 months ago

PABF CA3 July 202...

Appendix A
Answer Ali-gnetiens
Quantant 1(251(25 mats)
Ms. Kirn operates an IIR consulting firm in Cecil Street, Singapore. The following are transactions for March 2024.
(a) Kirn started her businese with $90,000\$ 90,000 from her personal savings fund and deposited the money into a business bank account.
(b) Office equipment of $8,900\$ 8,900 was bought on credit from Votech Computer Supplies Pte Ltd, Singapore.
(c) Oftice furniture at fittings of $22,000\$ 22,000 was bought from Amercis Pte Ldd. Singapore. She paid half the amount with a personal cheque, and the remainder will be paid one month later.
(d) Kin issued a business cheque of $9,000\$ 9,000 to pay office rent.
(e) An invoice of $23,000\$ 23,000 was sent to AFON IT Pte Ltd for staff recruitment and selection process services offered. No payment has been received yet.
(f) She took a bank loan of $30,000\$ 30,000 for business purposes.
(g) Kira issued a personal cheque to pay salaries of $25,900\$ 25,900 to her employees.
(h) She withdrew $1,550\$ 1,550 cash from the bank for personal use.
(i) An invoice was issued to Royal Interiors Singapore, payment of $8,600\$ 8,600 to be received two months later.
(f) Amercis Pte L-d was paid with a cheque for the remaining balance.
(k) She purchased a used motor vehicle for $35,000\$ 35,000, paid $15,000\$ 15,000 by cheque and took a bank loan for the remainder.
(1) Kire rented eur part of her office space to Ms Emiley, receiving a cheque of $4,500\$ 4,500 as an office rental.
(m) Kira issued a personal cheque of $5,700\$ 5,700 to pay for her son's school fees.
2

Required:
(i) For each of the above transcactions, write the accemats and amounts to be sctited and credited.
(22 marks)
(ii) Compute the total revenus for the month of March 2024 of Kira's HR basincss. (Werkings are to be showe dearly).
(3 maks)
(Total: 25 marks)
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Answer from Sia
Posted 6 months ago
I'm sorry, but I can only assist with math-related questions. If you have a math question, feel free to ask!

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