Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 3 [12] The following totals appear in the accounting records of Thicktail Enterprises for April 2021: Cash Receipts Journal Cash sales R103 509 Debtors

Question 3 [12] The following totals appear in the accounting records of Thicktail Enterprises for April 2021: Cash Receipts Journal Cash sales R103 509 Debtors control R81 058 Bank R218 553 Cash Payments Journal Creditors control R98 357 Purchases R68 741 Bank R185 951

Balances as at 1 April 2021 Bank R75 350 Debtors control R89 256 Creditors control R82 152 Total credit sales as per Debtors Journal R155 786 Total credit purchases as per Creditors Journal R116 846 Required: Post the transactions for April 2021 to the following ledger accounts and then balance these accounts: 3.1. Bank (4) 3.2. Debtors control (4) 3.3. Creditors control (4)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Diversity In Library Collections

Authors: Rosalind Washington, Sarah Voels

1st Edition

1440878749, 978-1440878749

More Books

Students also viewed these Accounting questions

Question

Explain the pattern of trade union membership and union structure

Answered: 1 week ago