If a business sales on a credit, then the amount owed will be an asset for the business. Should the deptors debt then become irrecoverable ,the business will have to write the debt off demonstrate by means of T accounts how a VAT vendor would record a credit sale and then how the vendor would record a credit loss.base your answers on thr following examples, assume the goods were sold for R1150 including VAT(credit sales).Assume the deptor owes us R570 and the whole amount is to be written off

On 28 February 2022, D de Kok sent a statement of account to Heathrow Dealers as appeared in his debtors ledger. Debtor: Heathrow Dealers By comparing the above statement with D de Kok's account in Heathrow Dealers' creditors ledger the following was discovered: - During January 2022 D de Kok charged VAT at 15% on a zero-rated supply. The VAT inclusive amount shown on the invoice was R2 758.80. - The goods purchased on 8 February, according to invoice 137 , were incorrectly recorded by Heathrow Dealers and D de Kok. The purchase was subject to a trade discount of 25% but only 10% was allowed. - Merchandise was purchased on 9 February for R113.30 as per invoice 146. The invoice was not recorded on the monthly statement. - The bookkeeper of Heathrow Dealers erroneously recorded receipt no. R83 at R10.00. - D de Kok failed to allow the advertised trade discount of 10% on invoice !63. - Heathrow Dealers returned goods on 22 February and received credit note no. CN23 for R28.00. Heathrow Dealers had, however, recorded purchases returned for R48.10 in D de Kok's account. - Heathrow Dealers purchased merchandise worth R200 from D de Kok on 24 February but credited the entry to D de Kok's account. - On 28 February, Heathrow Dealers paid R500 to D de Kok. D de Kok did not record the amount on the monthly statement. Note: The balance of D de Kok's individual account in the creditors ledger of Heathrow Dealers was R3 825.61 , before taking the above-mentioned adjustments into account. On 28 February 2022, D de Kok sent a statement of account to Heathrow Dealers appeared in his debtors ledger. Debtor: Heathrow Dealers By comparing the above statement with D de Kok's account in Heathrow Dealers' crec ledger the following was discovered: - During January 2022 D de Kok charged VAT at 15% on a zero-rated supply. The inclusive amount shown on the invoice was R2 758.80 . - The goods purchased on 8 February, according to invoice 137, were incorr recorded by Heathrow Dealers and D de Kok. The purchase was subject to a discount of 25% but only 10% was allowed. - Merchandise was purchased on 9 February for R113.30 as per invoice 146. invoice was not recorded on the monthly statement. - The bookkeeper of Heathrow Dealers erroneously recorded receipt no. R8 R10.00. - D de Kok failed to allow the advertised trade discount of 10% on invoice 163 . - Heathrow Dealers returned goods on 22 February and received credit note no. for R28.00. Heathrow Dealers had, however, recorded purchases returned for R in D de Kok's account. - Heathrow Dealers purchased merchandise worth R200 from D de Kok 24 February but credited the entry to D de Kok's account. - On 28 February, Heathrow Dealers paid R500 to D de Kok. D de Kok did not the amount on the monthly statement. Note: The balance of D de Kok's individual account in the creditors ledger of Hea Dealers was R3 825.61 , before taking the above-mentioned adjustments into account