Question
The following totals appear in the accounting records of Wallis Enterprises for March 2023: Cash Receipts Journal Cash sales R103 409 Debtors control R71 047
The following totals appear in the accounting records of Wallis Enterprises for March 2023:
Cash Receipts Journal
Cash sales R103 409
Debtors control R71 047
Bank R217 443
Cash Payments Journal
Creditors control R97 347
Purchases R87 741
Bank R174 941
Balances as at 1 March 2023
Bank R74 340
Debtors control R79 248
Creditors control R72 142
Total credit sales as per Debtors Journal R144 778
Total credit purchases as per Creditors Journal R118 748
Required:
Post the transactions for March 2023 to the following ledger accounts and then balance these accounts:
3.1. Bank
3.2. Debtors control
3.3. Creditors control
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