Question 3 3.2 Dean Stone operates a business, stone wear style

Required: Show general journal entries to record the declaration of dividends on 30 November 2019 and the subsequent payment of dividends on 31 December 2019 Show dates on which the journal entries will be recorded. Include a brief narration (10) QUESTION THREE [20] Dean Stone operates a business, Stone Wear Style, for which the accounting records include control accounts for debtors and a separate control account for creditors. Dean just promoted Charlie Bait to maintain records of the control accounts and to reconcile the lists and the control accounts balances. The following information relates to March 2019: DR Debtors control alc CR 2019 R 2019 R 1.3 Balance (correct) b/d 31 340 31.3 Sales returns 4 440 31.3 Bank (debtors column) 90 990 credit 850 Discounts granted 1 370 Bank debtor 67 602 Credit sales 96 330 refunds 2016 Drawings 300 Credit purchases 550 Purchases returns 4 262 Cash purchases 7 960 credit Discounts received 141 174 Bank-creditors column Balance cld 224 592 224 592 1.4 Balance b/d 141 174 Additional information: 1.1 At 1 March 2019, the balance of the creditors control account was R16 680. 1.2 There are errors in the above debtors control account that need to be corrected. There are items recorded that should not be reflected in the debtors control account. Some items are also on the wrong side of the account. 35 REGENT BUSINESS SCHOOL (RBS) - JANUARY 2020 otors' control the 5 errors in the The sales returns the Dent