END OF SESSION SEVEN TRY QUESTIONS 1. The following are extracts from the books of Ghanabeba Ltd. for the month of September 2016. GH 01/09/2016 Sales ledger balances (debit balances) 256,000 01/09/2016 Sales ledger balances (credit 13,000 balances) During the month: Cash sales for the month 500,000 Sales Journal totals 1,200,000 Cash received from customers 680,000 Discounts Allowed 14,000 Provision for bad debt 20,000 Bills Receivable Accepted by 100,000 customers Sales Returns totals 52,000 108 | Page Bad debts written off Cheques received from customers 13,200 250,000 Customers' Cheques returned unpaid 100,000 30/09/2016 Balances (Credit) Balances (Debit) Required; 5,100 ???,??? i. What are the advantages of control accounts? ii. Prepare Debtors Control Account for Golda Enterprise for as at 30th September 2016