You are provided with information for the month of May $2022,$ from

SeaWrap Gifts, a shop near the ocean, close to a tourist attraction that sells

gifts in Cape Town. They operate on a profit markup of $60\%$ on cost price.

REQUIRED:

Open the relevant General ledger accounts with the following balances,

and transfer the journal totals below to the indicated accounts.

a$)$ Bank, R$16400($Credit$)$

b$)$ Debtors control, R$13000($Debit$)$

c$)$ Creditors Control, R$32200($Credit$)$

d$)$ Cost of Sales, R$74000($debit$)$

BALANCE SHEET ACCOUNT SECTION

BANK

$(4)$

DEBTORS CONTROL

$(8)$

CREDITORS CONTROL

$(6)$

NOMINAL ACCOUNT SECTION

COST OF SALES

PLEASE AWNSER USING THE PROVIDED AWNSER PAPER