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QUESTION THREE Dean Stone operates a business, Stone Wear Style. for which the accounting records include control accounts for debtors and a separate control account

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QUESTION THREE Dean Stone operates a business, Stone Wear Style. for which the accounting records include control accounts for debtors and a separate control account for creditors. Dean just promoted Charlie Bait to maintain records of the control accounts and to reconcile the lists and the control accounts balances. The following information relates to March 2019: Debtors control etc Ft Balance (correct) bid Sales returns credit 4 440 . Bank (debtors column} . Bank debtor 353 31.3 Discounts granted refunds E? BB2 Credit sales Credit purchases 2 D16- Drawings Cash purchases 550 Purchases retums Discounts received 7\" BED credit Bankcreditors 141 124 column Balance cfd Additional information: 1.1 At 1 March 2019. the balance of the creditors control account was Rl BBB. 1.2 There are errors in the above debtors control account that need to be corrected. There are items recorded that should not be reected in the debtors control account. Some items are also on the wrong side of the account. 1.3 The total of the list of debtors balances at 31 March 2019 was R32 12D. 1.4 An amount of R230 writtenoff as credit losses, has erroneouslyr been added

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