Seaside Patio Furniture pays regular hourly rates for the fi…

Seaside Patio Furniture pays regular hourly rates for the first 40 hours worked and time and a half thereafter. The weekly payroll record shown below gives the total hours worked and the hourly rate for Robert Garcia. Fill in the regular earnings, the overtime rate, the overtime earnings, and the total earnings. Payroll Record SEASIDE PATIO FURNITURE Weekly Payroll Week Ending May 12, 20___ ​ ​ ​ Regular Earnings ​ Overtime Earnings ​ ​ Total Hours Rate/ ​ Hours Rate/ ​ Total Name Hours Worked Hour Amount Worked Hour Amount Earnings ​ ​ ​ ​ ​ ​ ​ ​ ​ Garcia, R. 42 40 $12.90 ______ 2 ______ ______ ______ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

QUESTION 2 ADJUSTMENTS IN THE GENERAL JOURNAL (30MARKS)  …

QUESTION 2 ADJUSTMENTS IN THE GENERAL JOURNAL (30MARKS)   The following information appeared in the books of CD Traders.  The year ended 28 February 2021.   REQUIRED:     Use only the information that are relevant to complete the General Journal. Show which account must be debited and which account must be credited in the General Journal of CD Traders on 28 February 2021.   Take note: Journal Narrations must be shown.     CD TRADERS EXTRACT FROM THE TRAIL BALANCE ON 28 FEBRUARY 2021   DEBIT CREDIT Balance Sheet accounts section     Vehicles 120 000   Equipment 85 000   Accumulated depreciation on vehicles   44 000 Accumulated depreciation on equipment   35 000 Fixed deposit: ABSA Bank 50 000   Trading Stock 58 550   Loan from AB Bank   100 000 Nominal Sheet accounts section     Sales   417 400 Cost of sales 310 600   Debtors allowances 3 250   Insurance 3 400   Bad debts 310   Interest on fixed deposit   840 Bank charges 405   Fee income   24 320 Consumable stores 2 780   Discount allowed 520   Interest on overdraft 1 350   Salaries and wages 44 000   Interest on loan 5 000   Rent Income   12 600 Stationery 1 350   Water and Electricity 1 650   Telephone 2 850   Advertising 3 300    

INSTRUCTIONS   1. Read the following instructions ca…

INSTRUCTIONS   1. Read the following instructions carefully and make sure you follow them.     2. An ANSWER BOOK is provided in which you must answer all the relevant questions.   3. Show ALL calculations to earn part marks.     4. MAKE SURE YOU UPLOAD THE CORRECT ANSWER SHEET!!! INCORRECT UPLOADS =0   MAKE SURE YOU SAVE YOUR FILES CORRECTLY: ACCN GR10E T03 SBA006 YOUR SURNAME YOUR NAME YOUR DOCUMENT MUST BE IN PDF FORMAT.     5. You may use a non-programmable calculator.   6. If you choose to complete the test by hand, make sure it is neat and legible.  Illegible handwriting = 0.     SBA 006 AB ENG FINAL.docx     SBA 006 AB ENG FINAL.pdf