Prepare T-accounts for Tim’s Trading

Prepare the following T-accounts for Tim’s Trading

Prepare the following T-accounts for Tim’s Trading for the year ended 31 December 2016 using the information provided above. Use the templates provided below.

(15 marks)

 

Start writing here:

Accounts receivable
Accounts payable
Accrued income
SARS (Tax liability)
Accrued expenses (Liability)

Evaluation Criteria for Paper

To detect plagiarism and cheating in this course, all student papers will be reviewed through the software program, Turn-it-In located in WebCampus. A “similarity” score should be under 20%. Please check the Q &A post on Canvas if you have any questions.

(10%) Resources used as rationale for approaches and as sources of content
(5%) Use At least one journal article relevant to the case as a reference
(5%) Use At least one textbook as a reference

_____ 5. (20%) write paper in a scholarly manner
(4%) Format includes title page, body of paper, & reference page, with pages numbered

_____ 5. (20%) Write the Paper in a scholarly manner
(4%) Format includes title page, body of paper, & reference page, with pages numbered

APA style
(4%) Limit the paper to 4 pages in length, which includes title page and reference page
(4%) Cite references in the paper according to APA style
(4%) list References on the reference page according to APA style
(4%) Grammar, language, spelling, and sentence structure are at a college writing level