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The following transaction have not been recorded:
1. A debtor returned defective goods sold for R1 000.
2. The municipality emailed the electricity account amounting to R2 300 on 4 September 2022.
3. Discount received of R2 100 was incorrectly posted to the discount allowed account.
4. Stationery of R1 750 is on hand at year-end.
REQUIRED: You are required to prepare the Statement of Profit or Loss and other
comprehensive income for the year ended 31 August 2022. [15] Smiling Incorporated has a
financial year-end of 31 August 2022. The trial balance as at

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The following transaction have not been recorded1. A debtor retur.pdf

  • 1. The following transaction have not been recorded: 1. A debtor returned defective goods sold for R1 000. 2. The municipality emailed the electricity account amounting to R2 300 on 4 September 2022. 3. Discount received of R2 100 was incorrectly posted to the discount allowed account. 4. Stationery of R1 750 is on hand at year-end. REQUIRED: You are required to prepare the Statement of Profit or Loss and other comprehensive income for the year ended 31 August 2022. [15] Smiling Incorporated has a financial year-end of 31 August 2022. The trial balance as at