On 30 September 20x5, at the end of its financial year, these balances, among others, appeared in the books of Zabeth Ltd:

Additional information:

• The allowances for bad debts are adjusted at the end of each financial year.

• On 5 October, paid a cheque to W. Ward.

• On 16 October, received notice that S. Singh has disappeared, and that there is no possibility to recover the amount owing by him. His account should be written off as irrecoverable.

Accounts receivable:

Received from receivables:

• On 5 October, S. Songelwa paid R5 400 in full settlement of his account.

• On 18 October, received R920 from L. Lino. This amount was previously written off as bad.

Goods returned by receivables and taken back into inventory:

Other:
• Received notice on 28 October that Y. Yogapragasen is insolvent. His estate will pay 30c in the R1 of the amount owing by him.

• On 15 December 20x5, sent a cheque to T. Tshidi for the amount owing to her on 22

October.

You are required to:

Show General Journal entries for October 20x5 for the above. (Ignore VAT.)

Transcribed Image Text:

Accounts receivable and accounts payable S. Songelwa T. Tshidi U. Ungerer V. Valentyn W. Ward Y. Yogapragasen Z.Zwane S. Singh R. Ramos P. Proctor O. Oosthuizen N. Nxumalo ACCOUNTS RECEIVABLE AND ACCOUNTS PAYABLE Other receivables American Express Debit 5 900 00 5 100 00 4 200 00 3 600 00 5 500 00 2 600 00 3 100 00 4 000 00 1900 00 35 900 00 7 700 00 Credit 6 300 00 3 400 00 3 700 00 ..... 13 400 00