c. Additional Notes During the year bad debts amounting to 5,000 was written off Discounts of 7,000 was received from suppliers The equipment that was disposed of had a book value of 45,000 During the year there were stock drawings amounting to 12,000 Required a. State two uses of the control accounts b. Use the above data to determine the opening owners' equity c. Prepare the relevant working papers leading to the Trial Balance for 2020