A credit note was issued by a creditor for goods returned. The credit note needs to be recorded in the creditors control account in the general ledger. On which side of the creditors control account will the credit note be recorded? A. It should not be entered into the creditors control account B. Both the debit (Dr) and the credit (Cr) sides C. The debit side (Dr) D. The credit side (Cr) A credit invoice, F200, amounting to R5 400, was issued to Benjo B for merchandise sold to him. Benjo B is a special client that always qualifies for a 5% trade discount. Indicate with which amount the debtors control account will be debited? A. None of the options provided B. R270 C. R5 130 D. R5 400 A credit invoice, F301, amounting to R7 440 (before a 10% trade discount was deducted), was issued to Nonno Nombu for merchandise sold on credit to her. Indicate with which amount the debtors control account will be credited. A. None of the options provided B. R6 696 C. R7 440 D.R744 A credit invoice, F352, amounting to R10 685 (after a 10% trade discount was deducted), was issued to Memories Moments for merchandise purchased from Classic Chocolate. Indicate with which amount the debtors control account will be debited? O A. R11 872 B. R1 187 C. None of the options provided D. R10 685 E. R1 069 Gilbert Galore Ltd trades in school sportswear and has a 31 May financial yearend. On 1 December 2020, Gilbert Galore Ltd paid an insurance premium of R1 200 for the period from 1 December 2020 to 31 May 2021. This transaction had not yet been entered in the accounting records by yearend. The correct journal entry for the year ended 31 May 2021 will be: A. Dr Insurance R600; Dr Prepaid expenses R600; Cr Bank R1 200. B. Dr Insurance R1 200; Cr Bank R1 200. C. None of the options provided. D. Dr Insurance R1 200; Dr Prepaid expense R1 200; Cr Bank R1 200