Solution-Calculate the amount that will be transferred

Calculate the amount that will be transferred

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Reference no: EM133184929

Question - Sibasa Traders sells different product streams. Not all product streams were profitable during the 2021 financial year. At 31 August 2021, the financial year-end of Sibasa Traders, the following information was obtained from the entity's accounting records:

	R
Net sales: Laptops	318 362
Net sales: Tablets	212 241
Net sales: Games	53 060
Net purchases: Laptops	74 284
Net purchases: Tablets	122 038
Net purchases: Games	68 978
Interest paid	13 530
Carriage on purchases: Laptops	18 040
Carriage on purchases: Tablets	17 616
Carriage on purchases: Games	13 265
Advertising	11 265
Water and electricity	15 918

Required - Calculate the amount that will be transferred from the trading account to the profit or loss account for the Tablet product line for the year ended 31 August 2021.

Reference no: EM133184929

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Calculate the amount that will be transferred

Reference no: EM133184929

Reference no: EM133184929

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