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Not yet answered The following information relates to Rainbow Traders for May 20.17. Marked out of 4.00 a. On 31 May 20.17, the trade receivables
Not yet answered The following information relates to Rainbow Traders for May 20.17. Marked out of 4.00 a. On 31 May 20.17, the trade receivables ledger of Rainbow Traders showed the following trade receivables Flag question (Ignore any VAT implications): b. On 31 May 20.17, the trade receivables control account showed a preliminary balance of R30 246. b. On 31 May 20.17 , the trade receivables control account showed a preliminary balance of R30 246. c. After an investigation of the individual accounts, source documents and other relevant information, the following omission was detected: - Best Stationers was declared insolvent and they could only pay R54 in settlement of their account. The bank entries has been made, but no entries were made regarding the irrecoverable. What will the general journal entries for the irrecoverable debt transaction be in the books of Rainbow Traders? Instructions: Drag the correct answer into the correct space. An option can be used more than once. Round the amounts off to the nearest R. RAINBOW TRADERS GENERAL JOURNAI - MAV on 17 Not yet answered The following information relates to Rainbow Traders for May 20.17. Marked out of 4.00 a. On 31 May 20.17, the trade receivables ledger of Rainbow Traders showed the following trade receivables Flag question (Ignore any VAT implications): b. On 31 May 20.17, the trade receivables control account showed a preliminary balance of R30 246. b. On 31 May 20.17 , the trade receivables control account showed a preliminary balance of R30 246. c. After an investigation of the individual accounts, source documents and other relevant information, the following omission was detected: - Best Stationers was declared insolvent and they could only pay R54 in settlement of their account. The bank entries has been made, but no entries were made regarding the irrecoverable. What will the general journal entries for the irrecoverable debt transaction be in the books of Rainbow Traders? Instructions: Drag the correct answer into the correct space. An option can be used more than once. Round the amounts off to the nearest R. RAINBOW TRADERS GENERAL JOURNAI - MAV on 17
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