You are provided with the following extracts (totals) of the subsidiary journals for Fit Traders for March 2020.

Creditors journal

Bank

R126 500

Creditors control

R75 000

VAT Input

R16 500

Sundry accounts

R35 000

Cashbook payments

Creditors control

R74 750

VAT Input

R9 750

Trading inventory

R60 000

Sundry accounts

R5 000

Creditors allowances journal

Creditors control

R25 300

VAT Output

R3 300

Trading inventory

R20 000

Sundry accounts

R2 000

Required:

Q.5.1

Prepare the creditors control account in the general ledge of Fit traders for March 2020. Assume an opening balance of R30 000.

Properly balance the account at the end of the month.