QUESTION FOUR [20] Mega Store (Pty) Ltd has a wholesale section that conducts some of their business on credit Transactions are first recorded in specialised journals and the general journal on a real time basis. The accounting department uses clerks to post transactions recorded in the joumals into Debtors accounts and Creditors' accounts in the subsidiary ledgers on a daily basis. Transactions from the journals are posted into the Debtors' Control account and the Creditor's Control account in the general ledger on a monthly basis. The following information was extracted from the accounting records of Mega Store (Pty) Ltd on 31 December 2021. R 78 102 50 652 8 840 4 358 85 680 15 120 149 778 Sales journal Purchases journal Sales returns journal Purchases retums joumal Cash receipts journal: Debtors control column Settlement discount granted column Sales column Cash payments journal: Purchases column Debtors control column Creditors control column Settlement discount received column General Joumal: (Sundry entries) Debtors control: Debits: Sale of Vehicle Credits: Credit losses Creditors control: Debits: Credits: Purchased Equipment General Ledger. Balances at 1 January 2021- Debtors control account: debit balance credit balance Creditors control account credit balance (only) 88 508 10 638 81 720 11 934 12 186 1 860 NIL 9594 121 140 2738 82 116 Additional Information: The following has not been taken into account in arriving at the figures above: 1. An amount of R5 202 owing by a debtor, F Skelm, must be written off as irrecoverable. 2. The allowances for credit losses must be increased by R2 250. 3. On 10 December 2021. goods to the value of R$ 300 was purchased on credit, but was incorrectly recorded in the sales joumal. 4. The credit balances in the debtors' ledger at 1 January 2021 must be transferred to the creditors control account. . Required: Prepare the following as they would appear in the general ledger of Mega Store (Pty) Ltd for the year ended 31 December 2021: 4.1 Debtors control account Creditors control account. (11) (9) 42 NB: - The accounts must be properly balanced or closed off. - Each entry in the ledger account must reflect the contra account. - Folio numbers may be omitted. . Record the dates for transactions. - Marks will be deducted for recording entries that are unrelated to the control accounts