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Question 4 [15] Sam Socotra owns a business called Treetop Traders. Sam completed the subsidiary journals. Extracts from subsidiary journals of Treetop Traders for May
Question 4 [15] Sam Socotra owns a business called Treetop Traders. Sam completed the subsidiary journals. Extracts from subsidiary journals of Treetop Traders for May 2021 Creditors Journal May 2021 Creditors Allowances Journal May 2021 R116 700 Creditors control R5 800 Creditors control Trading stock Debtors Journal - May 2021 R100 000 Trading stock R5 000 Debtors Allowances Journal - May 2021 Sales R35 000 Debtors allowances R7 000 Cost of sales R25 000 Cost of sales R5 000 Cash Receipts Journal May 2021 Cash Payments Journal May 2021 Bank ?? Bank R292 000 Sales R56 000 Trading stock R65 400 Debtors control R3 840 Creditors control R36 000 Other R199 910 Balances as at 1 May 2021 Bank R61 658 Creditors control R53 742 Debtors control R38 954 Required: Post the above journals to the following General Ledger accounts and balance the accounts: 4.1 Bank account (5) 4.2 Debtors control account (5) 4.3 Creditors control account
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