General Ledger One Time Services CR 293 400 3 150 DR 1.3 Balance b/d 31.3 Sales Interest Income Debtors Control Account 84 600 31.3 CRJ-Debtors colum 381 000 Sales returns 1 050 Credit losses Balance cld 1 350 168 750 466 650 466 650 1.4 Balance b/d 168 750 Additional information: 1. H Son's account of R4 500 must be written off as irrecoverable, 2. A credit note issued to M Pitso for R2 250 was erroneously entered into T Jones's account 3. A receipt issued to P Chopra for R18 900 for payment towards her account was recorded correctly in the Cash Receipts Journal but was not posted to his account in the Debtors' ledger. 4. N Zulu must be charged R914 interest on his overdue account. 5. A sale to T Jones on credit for R2 700 needs to be recorded. 6. The sales returns journal was undercast by R450. Required: Prepare the following for One Time Services as at 31 March 2021: 5.1 A Debtors' Control account showing the corrected balance, 5.2 A list of debtors showing the corrected total. (9) (6) END OF ACCOUNTING 1: ASSIGNMENT 1 REGENT BUSINESS SCHOOL (RRS) ILLY 2011 QUESTION THREE [25] James Dean trades in clothing for the middle market. James Dean Clothing use the Periodic Inventory Method to keep records of trade goods. The following is an extract of balances from the general ledger for the year ended 28 February 2021; Extract of balances as at 28 February 2021 R Revenue from sale of trade goods 735 100 Rent income received from tenant 66 000 Inventory: Trade goods - balance at 1 March 2020 Consumables on hand at 1 March 2020 150 500 7 600 Purchases 353 000 Settlement discounts received 18 400 Settlement discounts granted 15 800 Railage inwards 36 200 Railage outwards 39 100