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Analyse the above transactions of PK Traders in tabular format as follows:

Accounting

ScanSolve AI Answer

Here is the analysis of the transactions in tabular format:

DateAccount to be debitedAccount to be creditedAssetsEquityLiabilities
April 1DrawingsBank-R2 580-R2 580R
April 3Accounts Receivable (B Kenyeza)Bank+R1 200 / -R1 200RR
April 6Telephone ExpenseBank-R1 560-R1 560R
April 8VehiclesBank+R85 000 / -R35 000R+R50 000
Accounts Payable (Auto Motors)
April 12InventoryRepairs Expense+R975+R975R
April 14BankBad Debts Recovered+R2 375+R2 375R
April 15Stationery ExpenseAccounts Payable (ST Suppliers)R-R1 450+R1 450
April 18Accounts Receivable (M Maluleka)Sales+R1 400+R1 400R
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