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The financial year of The Better Trading Company ended on 31 December 2014. You have been asked to prepare a Total Accounts Receivable Account and

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The financial year of The Better Trading Company ended on 31 December 2014. You have been asked to prepare a Total Accounts Receivable Account and a Total Account Payable Account in order to produce end of year figures for Accounts Receivable and Accounts Payable for the draft final accounts You are able to obtain the following information for the financial year from the books of original entry Sales credit 3000000 Purchases - Uredit 200000 Total receipts from customers 5600.570 Total payments to suppliers 5503,970 Discounts allowed call to credit customers 55.520 Discounts received call from credit supailer) 53.510 Balance in the sales ledger of int balance in the purchasesteder 70 Ball det men oft 1710 Credit notes issued to credit customers 54.140 Credit not received from credit tuppa 51.40 Acconfing to the wind financial statements for the previour year accounts receivable and account payable satt December 2011 were 526,555 in 147.450 e Prepanthe sales de control Account Prepare the pare Lodger Comment Account

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