A preliminary sample was selected for creditors reconciliation, and Stax $($Pty$)$ Ltd was

selected as a creditor to be tested on $31$ October $2022.$ Stax $($Pty$)$ Ltd is the leading

stationery and study material supplier for Learning $($Pty$)$ Ltd$.$

All the other reconciling trade creditors were verified and are correct.

Trade creditor $$ Stax $($Pty$)$ Ltd

Below is the reconciliation between the monthly trade creditor$$s statement and the

creditor$$s balance in the creditor$$s ledger as at $31$ October $2022$ for Stax $($Pty$)$ Ltd$.$

Balance according to the creditor$$s monthly statement R$3542785$

Less:

$$ Payments that do not reflect on the statement $($R$150000)$

$$ Goods returned and no deductions made on the statement $($R$985235)$

Balance per the creditor$$s ledger R$2407550.$ Based on the information presented in working paper C$100,$ formulate general

and specific substantive procedures for the trade creditors reconciliation of

Stax $($Pty$)$ Ltd for the monthly statement dated $31$ October $2022.$

$(15$ marks$)$