Question One The Moming Mist is a trader that has not maintained double entry accounting practices. The fim has provided the following accounting details for 2020 - Summarized Cashbook L.ist of Balances - Additional Notes During the year bad debts amounting to 5,000 was written off - Discounts of 7,000 was received from suppliers -The equipment that was disposed of had a book value of 45,000 - During the year there were stock drawings amounting to 12,000 Required - State two uses of the control accounts - Use the above data to determine the opening owners" equity - Prepare the relevant working papers leading to the Trial Balance for 2020