(d)    Prepare the Statement of Financial position on 30 Sep…

(d)    Prepare the Statement of Financial position on 30 September 2021.    Dew Limited Statement of Financial position t 30 September 2021.                                                                                                                                                                                                 (9)

QUESTION 1 Tembo opened a wholesale shoe business on 1 Augus…

QUESTION 1 Tembo opened a wholesale shoe business on 1 August 2020. He buys and sells on credit terms.  REQUIRED (a) (i)      State the purpose of a debit note received by Tembo from Abe, a credit customer.                                                           (1) (ii)     Complete the following table by placing a tick to indicate how Tembo would record this debit note in the account of Abe.                Credit Abe’s account Debit Abe’s account No entry     (1)

(e)    Prepare the following accounts in Tembo’s ledger for…

(e)    Prepare the following accounts in Tembo’s ledger for August 2021.          It is NOT necessary to balance any of the accounts.                                                                                                   (6) Tembo Purchases account Date Details $ Date Details $                                                 Purchases returns account Date Details $ Date Details $                                                 Gavin Date Details $ Date Details $