Question: 1(a)The following information is available on 31 August 2016 Aug 1 Sales ledger-debit balances 1 Sales ledger credit balances 31 Transactions for the month:

1(a)The following information is available on 31 August 2016 Aug 1 Sales

1(a)The following information is available on 31 August 2016 Aug 1 Sales ledger-debit balances 1 Sales ledger credit balances 31 Transactions for the month: Cash received Cheques received 1040 62390 Sales 7,090 Bad debts written off 3060 Discounts allowed 2980 Returns inwards 6640 Cash refunded to a customer who had overpaid his account 370 Dishonored cheques 290 Interest charged by us on overdue debt 500 At the end of the month: Sales ledger - debit balances Sales ledger credit balances You are required to (i) Prepare a Debtors or Accounts receivable control account 38160 220 3,429 400 [10]

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