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On 6 November 2021, Africa Traders received a direct deposit payment of R5 000 in its bank account from SA Traders, for credit losses recovered.
On 6 November 2021, Africa Traders received a direct deposit payment of R5 000 in its bank account from SA Traders, for credit losses recovered. Africa Traders is not a registered VAT vendor.
Which account will be debited, and which account will be credited in the general ledger of Africa Traders?
Select one: Trade receivables control Cr O a. Dr 2021 Nov R 2021 R Nov ... 6 Credit losses 5 000 recovered Credit lesses recovered Cr Dr 2021 R 2021 R Now 6 3 000 Nov Trade receivables control Cr Ob Dr 2021 Bank 2021 R R Now Nov 6 5 000 Credit losses recovered Dr Cr R 2021 Credit lesses recovered R 2021 3 000 Nov Now 6 Hank OC. Dr Trade receivables control R 2021 3000 Nov Cr R 2021 Nov 6 Credit losses recovered Dr Cr Credit losses recovered R 2021 2021 R Nov 5 000 16 Trade receivables control Od Dr Bank Cr 2021 R 2021 R Noy 3000 Nov 6 Credit losses recovered Dr Cr 2021 Credit losses recovered R 2021 6 Bank R Nov 5 000 5
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