This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 5. The Sales Journal was undercast by R420. 6. Alan Stoppard has a credit balance, R500, in his personal debtor’s account and his account needs to be transferred to the creditors’ ledger. 7. Pam Start owes R6 500. She has been declared insolvent. Her estate paid 42 cents in the rand. All necessary entries have to be entered in the books. 8. A cheque received from Suzie Truter, R500, has been returned by the bank marked R/D. No entry has yet been made. 9. An old machine was sold on credit to Joan Keary for R1 480. This was correctly entered into the appropriate journal but not into her personal debtor’s account. 1. Prepare the Debtors’ Control account in the general ledger of Wild Dog Manufacturers for February 2009, correctly balanced. 2. Reconcile the total of the list of debtors’ balances with the final balance of the control account as calculated in 1....
View Full Document
This note was uploaded on 02/27/2012 for the course IT 101 taught by Professor Unsure during the Spring '11 term at University of South Africa.
- Spring '11