Question 2 Following were balances obtained from the subsidiary ledgers of EPL Enterprise as at 31 March 2021 Balances RM Stevie 20.000 Luis 35,000 Andy 19.000 Maxi 150 Following are the entries represents the transaction that took place during the month of April 2021 General Journal Date Details Debit Credit Apr 10 A/C Receivable - Luis 4.500 Bank (Dishonoured Cheque) 4,500 Apr 15 120 A/C Receivable - Luis Discount Allowed (Discount cancelled) 120 Apr 29 150 Bad Debts A/c Receivable - Maxi (Bad debts written off) 150 Sales Journal Date Details Amount Apr 3 Stevie 10 Luis 15 Stevie 21 Andy 26 Stevie 28 Luis 30 Lucas 4,000 7,000 8,000 10.000 6.000 9,000 10.000 Sales Return Journal Date Apr 13 19 29 Details Stevie Luis Stevie Amount 300 700 900 Page 3 of 5 Sept - Dec 2021 Final Examination 3.4100 BBA1093 Business dccounting Cash Receipts Journal (Extract) Date Details Sales Amount A/C Receivable 900 2.100 1.000 800 Apr 1 Sales 2 Stevie 5 Sales 9 Commission 12 Sales 15 Luis 20 Interest 28 Andy 30 Sales 30 Stevie 900 2.100 1.000 250 800 5.600 700 3,050 800 2.100 5,600 3.050 800 2.100 Required: (a) Prepared the A/C Receivable T-Account as at 30 April 2021. marks) (8 (8 (6) Prepare the other related T-Accounts as at 30 April 2021. marks) (4 (c) A/C Receivable Summary as at 30 April 2021. marks) (d) Clearly explain the differences between trade receivables and other receivables