1 (33 Marks) You have been provided with the following information for Fred Ltd, Ted Ltd, Pet Ltd and Ketty Ltd who supplies stationary products to Empire Stationary Ltd. The following transactions occurred during the month of September 2022 Transaction details Date 1 September 2022 Opening balance: Fred Ltd R 21 665 4 September 2022 5 September 2022 7 September 2022 8 September 2022 Ted Ltd R 20 260 Pet Ltd R 14 600 Made credit purchases from Ketty Ltd R 4.900 and invoice number IV-10 was received. Returned goods valued at R500 to Ketty Ltd, and received their credit note CN 10. Made credit purchases from Ketty Ltd R 6 000.and invoice number IV 11 Cheque payment to Ketty Ltd settled in full the outstanding amount. Cheque number R111.. 10 September 2022 Credit purchases from Fred Ltd, R 19 100 and received Invoice number IV-101 was received. 12 September 2022 Cheque payment to Ted Ltd in full settlement of the amount owed. Cheque number R112 15 September 2022 Credit purchases from Pet Ltd amounted to R 23 319. Invoice number IV-202. 19 September 2022 Made a payment by cheque to Pet Ltd R5 700. Cheque number R113 20 September 2022 Credit purchases from Ted Ltd R 10 240. Invoice number IV - 301 21 September 2022 Returned goods to Fred Ltd worth R 1 800, the goods were previously bought on credit and received their credit note number CNT 11 22 September 2022 Cheque payment to Fred Ltd of R19 661 in part payment of account. Cheque number R114 78 ANNEXURE H-FORMATIVE ASSESSMENT 2 HACP130-1-JULY-DEC2022-FA2-GT-V2-15072022 25 September 2022 Returned goods to Pet Ltd worth R6 129 and received credit note CNB 12 29 September 2022 Returned goods to Ted Ltd worth R 1 200 and received credit note CNE 13 30 September 2022 Cheque payment of R9 040 to Ted Ltd Cheque number R115 Required: a) Show how the above transactions would be presented in the individual creditor's accounts (Fred Ltd, Ted Ltd. Pet Ltd and Ketty Ltd) in the creditors' ledger of Empire Stationary Ltd. for the month of September 2022. (29 Marks) b) Calculate the balance owed by Empire Stationary Ltd to its creditors at the end of September 2022. (4 Marks)