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QUESTION THREE Dean Stone operates a business, Stone Wear Style. fer 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. fer 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 at: B Balance (correct) bid Sales returns credit 4 440 . Bank [debtors column) . Bank debtor 350 31.3 Discounts granted refunds B? 602 Credit sales Credit purchases 2 D16 Drawings Cash purchases 55f] Purchases retums Discounts received T 960 credit Bankcreditors 141 124 column Balance dd m Additional information: 1.1 At 1 March 21319. the balance of the creditors control account was R15 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 120. 1.4 An amount of R230 wn'ttenoff as credit losses, has erroneously been added

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