826 control purposes for Stevens E-Commerce Products Limited. eivable subsidiary ledger with regard to internal The following is a trial business for the first eleven months for Equipment Online, a distributor of office equipment. The firm uses the percentage of net credit sales method to estimate the uncollectible amounts from accounts receivable. It is registered for GST on an invoice basis and where appropriate amounts have been indicated GST inclusive. Equipment Online Trial Balance at 31 May 2013 Bank Debit Credit Accounts Receivable 4,400 7,600 Provision for Doubtful Debts 1,140 Inventory 36,000 Property, Plant and Equipment (net book value) 15,000 Accounts Payable 6,600 Note Payable @19% (non-interest bearing) 15,789 Discount on Note Payable 750 40,221 Capital $63,750 $63,750 Total Schedule of Accounts Receivable Schedule of Accounts Payable Venita 1,600 Alvin 3,600 Michael 2,800 Ian 3.000 Ryan 3,000 Balance as per control a/c $6,600 Cathy 200 Balance as per control a/c $7,600 253