Consider a business that has the following details for the year 2022.
In January 2022 the agreement of ZADEX Itd and ZAMBA Ltd Showed that ZADEX was to
pay 400,000 sh. in terms of commission for work done per year. ZADEX
paid for fees for a period of 3 yrs.
Required:
a) Show the lediger entries concerning this transactions for the year 2022 (5mks)
b) Show adjusting enthier necessung as at 31st of December 2022. (3 mks)
9) Show the ledger entries for the 2022 and 2023. C4mks)
d) Show the adjusting entries for the
entries for the years 2022 and 2023- (3mks)
