E (5) Goods returned by a customer for 89 had been correctly entered in the debtor's account, (4) The balance of a trade debtor's account, E4,500 debit, had been set off against a balance in the purchases ledger. No adjustment had been made for this in the sales ledger control account: (5) The total of the discounts allowed column in the cash book had been overcast by 99. Required (a) The sales ledger control account showing clearly the adjustments to the original balance (b) The total of the sales ledger balances after the adjustments for the above errors have been (3 marks) made (c) Journal entries for the items (1) to (3) above. Narratives are required. ) (8 marks) (AEB) 3 The sales ledger control account of Jack Hill for the year ended 31 December 19.5 had a closing balance of 15,380, made up as follows: W. Hopper Limited Other debtors 12,340 3,610 Credit balances 15,950 570 15,380 A summarised list of entries in W. Hopper Limited's sales ledger account in the books of Hill, for the year ended 31 December 19-6, is shown in the following table: E Opening balance Invoices 12,340 6,930 Cheque returned due to insufficient funds being available Journal entry (1) 150 260 Cheques paid to Jack Hill 5,100 Goods returned 75 Journal entry (2) 1,405 Notes Journal entry (1) related to the correction of an error, whereby a cheque received from a creditor in repayment of a duplicated payment made by Hill had been posted incorrectly to Hopper's account. Journal entry (2) was made to record the transfer of a balance on Hill's purchases ledger for goods purchased from Hopper. Other information relevant to the personal ledgers of Hill for the year ended 31 December 19-6 is: 16,330 Opening creditors Purchases 128.400 Sales (other than to W. Hopper Limited) 214,960 Cheques to creditors 179,910 Cheques from debtors (including those from W. Hopper Limited) Jack Hill decided that half of the balance on W. Hopper Limited's sales ledger account should be provided for as a doubtful debt on 31 December 19-6. There were no other doubtful debts. 97,450 31 E (5) Goods returned by a customer for 89 had been correctly entered in the debtor's account, (4) The balance of a trade debtor's account, E4,500 debit, had been set off against a balance in the purchases ledger. No adjustment had been made for this in the sales ledger control account: (5) The total of the discounts allowed column in the cash book had been overcast by 99. Required (a) The sales ledger control account showing clearly the adjustments to the original balance (b) The total of the sales ledger balances after the adjustments for the above errors have been (3 marks) made (c) Journal entries for the items (1) to (3) above. Narratives are required. ) (8 marks) (AEB) 3 The sales ledger control account of Jack Hill for the year ended 31 December 19.5 had a closing balance of 15,380, made up as follows: W. Hopper Limited Other debtors 12,340 3,610 Credit balances 15,950 570 15,380 A summarised list of entries in W. Hopper Limited's sales ledger account in the books of Hill, for the year ended 31 December 19-6, is shown in the following table: E Opening balance Invoices 12,340 6,930 Cheque returned due to insufficient funds being available Journal entry (1) 150 260 Cheques paid to Jack Hill 5,100 Goods returned 75 Journal entry (2) 1,405 Notes Journal entry (1) related to the correction of an error, whereby a cheque received from a creditor in repayment of a duplicated payment made by Hill had been posted incorrectly to Hopper's account. Journal entry (2) was made to record the transfer of a balance on Hill's purchases ledger for goods purchased from Hopper. Other information relevant to the personal ledgers of Hill for the year ended 31 December 19-6 is: 16,330 Opening creditors Purchases 128.400 Sales (other than to W. Hopper Limited) 214,960 Cheques to creditors 179,910 Cheques from debtors (including those from W. Hopper Limited) Jack Hill decided that half of the balance on W. Hopper Limited's sales ledger account should be provided for as a doubtful debt on 31 December 19-6. There were no other doubtful debts. 97,450 31