Question 5 [18] The information below relates to Charl Traders for October 2018 Page 7 of Assignment S BS Soethern Basin School TUTORIAL LETTER 1 (ASSIGNMENT 1) 2019 SECOND SEMESTER ACN100 ACCOUNTING FOR MANAGERS A. The incorrect Creditors List on 31 October 2018: CREDITORS DEBIT CREDIT Green Stores 14 255 Becker Ltd 13 505 5 685 Suns Warehouse Lamb Suppliers 8 940 Brown Stores 1 315 2 120 zZ Distributors Best Bakery 9 615 B. Additional information: 1. The total in the Creditors Journal was understated by R2 000. 2. Owing to a calculation error, the balance of Becker Ltd's account in the Creditors Ledger was reflected as R13 505 instead of R23 505 3. An invoice for goods bought from Suns Warehouse for R895 was recorded in the Creditors Journal as R985 and posted as such 4. A debit note of R960 was issued to Suns Warehouse for goods returned to them. They accepted the returns but no entry was made in the books of Charl Traders for this transaction 5. An invoice for R1 460 received from Brown Stores, correctly recorded in the joumals, was incorrectly posted to the Creditors Ledger account of Lamb Suppliers 6. The Creditors Control column in the Cash Payments Journal included an amount of R2 120 paid to Z Distributors for cash purchases. 7. Merchandise of R1 285 was retumed to Best Bakery and correctly entered in the Creditors Allowances Journal. However, it was posted to Best Bakery's account in the Creditors Ledger as a purchase. Required Refer to the information in A and B Prepare the correct Creditors List on 31 October 2018 Show all workings next to each creditor. Question 5 [18] CREDITORS LIST ON 31 OCTOBER 2018 CREDITOR DEBIT CREDIT Green Stores 14 255 Becker Ltd (13 505 Suns Warehouse (5 685 Lamb Suppliers (8 940 Brown Stores ZZ Distributors Best Bakery