5.5 Refer to Information B.

Show how each entry would affect the Debtors Control account and/or the debtors List. Indicate the change by showing the increase (+) or decrease (-) and the amounts. Make use of a table (format below)

5.6 List five (5) possible errors that could occur in a creditor?s ledger

Information A. GENERAL LEDGER OF MAFUSA DEALERS DEBTORS CONTROL 2014 Balance 2014 31 (c) DAJ 32000 15 000 280 12 500 b/d 31 Sales 80 000 8 000 4 760 Bank Discount allowed Sundry accounts Balance CRJ GJ cld CPJ Sundry accounts GJ June Balance bld i. The total credit sales were undercast by R2 400. ii. A cash discount of R410 granted to B. Gumede (a debtor) was not recorded in the respective journal ii. Goods valued at R670 returned by B. Gumede was posted in error to the Debtor's Ledger account of L. Ngema iv. Goods sold to L. Ngema for R3 210 was recorded as R2 310 in the correct journal, and posted as such to the ledger accounts. No. DEBTORS CONTROL DEBTORS LIST iv