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Question 4 (22) GENERAL LEDGER ACCOUNTS The following information was extracted from the accounting records of GL Traders during May 2019: Cash Receipts Journal -

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Question 4 (22) GENERAL LEDGER ACCOUNTS The following information was extracted from the accounting records of GL Traders during May 2019: Cash Receipts Journal - 31 May 2019 Debtors Sundry Bank Cost of Sales Sales Control Accounts ? 8 100 5 400 11 310 6 750 Cash Payments Journal - 31 May 2019 Bank 21 000 Debtors Control 900 Wages 5 700 Trading Inventory 8 100 Sundry Accounts 6 300 Debtors Journal - 31 May 2019 Debtors Control Sales 14 217 14 217 Cost of Sales 10 044 594 Debtors Allowances Journal - 31 May 2019 Debtors Allowances Cost of Sales 372 Other information: Opening balances on 1 May 2019: Trading inventory R33 050 Debtors control R12 020 Required: Prepare the following accounts in the General Ledger. Total and balance the accounts at the end of the month. 4.1. Trading inventory account 4.2. Debtors control account (11) TOTAL: [120] Question 4 [22] 4.1. Dr Trading Inventory Cr (11) 4.2. Dr Debtors Control Cr (11) TOTAL: [120]

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