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- 5 - Question 3 ( continued ) PART B 1 7 marks ( 2 1 minutes ) Ignore VAT for the purposes of this
Question continued PART B marks minutes Ignore VAT for the purposes of this question. You have recently been employed as the accountant of Andibhatali Traders. The business operates from its premises in Alice. It is the end of the month of May and the business is preparing to pay its creditors. The owner Mr Andibhatali does not have any formal training in Accounting and is thus relying heavily on you to assist with the accounting and payment of creditors. You have been presented with a statement received from one of your suppliers see Figure A below and the subsidiary ledger of the same supplier in the accounting records of Andibhatali Traders for the month of May see Figure B below Figure A: Statement from Creditor NOTES: Invoice relates to a different debtor of Unetyala. It was erroneously recorded by Unetyala in the account of Andibhatali. Figure B: Creditors Ledger of Unetyala Statement received from the creditor Unetyala May DEBTOR: Andibhatali Traders: DATE DETAILS OF TRANSACTIONS DEBIT CREDIT BALANCE Balance Invoice Receipt Invoice Credit note Invoice Invoice Invoice Subsidiary ledger of Andibhatali Unetyala May Purchases returns May Balance Bank Purchases Bank Purchases Purchases returns Purchases Balance Purchases Purchases June Balance
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