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of 20 2 Polis In the process of reconciling the balance on the trade receivables control account with the list of balances as per the

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of 20 2 Polis In the process of reconciling the balance on the trade receivables control account with the list of balances as per the trade receivables ledger was noted that certain accounts with debit balances of R1 500 need to be transferred from the trade payables ledger to the trade receivables ledger Which one of the following represents the correct general ledger entries in the books of Jam Traders to record the above transaction? A General ledger Account debited Trade payables control Account credited Trade receivables con R1 500 OB General ledger Account debited Sales Account credited Trade receivables control Amount R1 500 . General ledger Account debited Sales returns Account credited Trade receivables control Amount R1500 D General ledger Account debited Trade receivables control Account credited Trade payables control Armount R1 500 General ledger Account debited Trade receivables control Account credited Sales Amount R1 500 The owner of Pet Spa provided you with the following information for the year ended 28 February 20 2 R Equipment 200 000 20 000 Trade receivables control Bank Trade payables control 10 000 30 000 Which of the following represents the correct calculation of Pet Spa's equity on 28 February 20 2? . Equity R100 000 Assets R210 000 Liabilities R30 000 B Equity R220 000 Assets R240 000 Liabilities R20 000 . Equity (R220 000) = Assets R20 000 Liabilities R240 000 D. Equity (R200 000) = Assets R30 000 Liabilities R230 000 Equity R200 000 Assets R230 000 Liabilities R30 000 Al 2 Points Question 12 of 20 Which one of the following options represents the correct entries in the general ledger for carriage on purchases paid cash of an entity uses perpetual inventory control system? OA Bank account debited Inventory account credited. OB. Inventory account debited: Bank account credited. OC.Carriage on purchases account debited Trade payables control account credited D. Inventory account debited; Trade payables control account credited. E. Carriage on purchases account debited; Bank account credited

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