You are required to assist the accountant of Uber Wedding Dresses, a business owned and operated by Julia Nuptials. The accountant has asked for your assistance in ensuring the Accounts Receivable Subsidiary Ledger matches the General Ledger for the month of February 2021. You are provided with the following information: 1) Balances at the beginning of February 2021 Accounts Receivable R135 600 Provision for doubtful debts R 13 560 2) The following transactions during February 2021 were recorded in the respective Analysis Journals and posted to the Ledgers: Total Sales (Ex VAT) R220 450 - Credit Sales (Ex VAT) R190 000 - Cash Sales (Ex VAT) R30 450 Total Payments received from Customers R110 600 Total Sales Returned (Incl. VAT) R15 000 - Total Credit Sales Returned (Incl. VAT) R10 000 3) Uber Wedding Dresses are registered as VAT Vendors. 4) Inventory is accounted for utilizing the perpetual inventory system. 5) The business recognises a mark-up of 25% on cost. 6) The following information has not been recorded in the financial records: a) A debtor, Rene Bones, ordered a wedding dress during December 2020. Rene Bones originally owed R15 000 (incl. VAT) has now been declared insolvent. A letter received from her lawyers indicates that a final settlement of 20 cents in every Rand owed will be paid on 15 April 2021. b) Invoice 647 was issued to Barry Lewis for R1 500 (ex VAT), however the invoice was incorrectly recorded in the Sales Journal and posted to Accounts Receivable control Account as R5 100 (ex VAT). Cost of Sales was also recorded incorrectly. c) On 14 February 2021, a settlement discount of 5% was offered to a debtor Kit Ryder, who indicated that she will be making use of the settlement discount. The discount was offered if Kit Ryder made payment on 20 February 2021. On 24 February 2021 Kit made a payment in full amounting to R8 500. The original Sale was recorded in the Analysis Journals. Page 4 of 7 d) On 1 February Mercy Mathis paid R5 600 (including VAT) for a wedding dress that would only be delivered on 15 March 2021. This amount was recorded in Sales. e) A debtor, A. Little, who was previously written off as bad, paid R2500 as part payment of the debt owed. f) On 5 February 2021, Toto Late, who purchases a wedding dress for R6 800 (including VAT) was offered a 5% settlement discount if she made payment on 15 February 2021. Initially Toto Late declined the settlement offer, however, she made payment on 14 February 2021. g) Provision for Bad Debts is to be maintained at 10% of Accounts Receivable. You are required to: a) Record the abovementioned transactions in the General Journal. (37 Marks)