Flax Dealers employs a full-time bookkeeper. However, the bookkeeper absconded and Mr Kramer, the owner, approached...

 

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Flax Dealers employs a full-time bookkeeper. However, the bookkeeper absconded and Mr Kramer, the owner, approached you for assistance. He is unsure of how to post the subsidiary journals to the General Ledger accounts. Mr Kramer provides you with the following information extracted from the subsidiary journals for March 2021. Flax Dealers also needs your assistance with some of the information, as Mr Kramer is not sure what the amounts should be. Cash Receipts Journal of Flax Dealers for March 2021 Cost of Debtors Sales Control ? 52 096 40 700 49 908 Cash Payments Journal of Flax Dealers for March 2021 Creditors Control Bank Bank Sales Inventory 87 747 68 116 57 553 ? ? Debtors/Sales Journal of Flax Dealers for March 2021 Debtors Control Sales Bank (favourable) Debtors control Creditors control Inventory Wages 29 824 6 866 51 303 Creditors/Purchases Journal of Flax Dealers for March 2021 Sundry Creditors Control Amount 1245 Cost of Sales Amount Amount Details 11 112 6 250 23 300 Sundry Sundry Details Details Fol. Fol. Fol. From the previous month's trial balance, it was established that the opening balances of selected accounts are as follows: R80 496 R37 914 R36 612 Required: Complete the missing information and post to the General Ledger accounts listed below. 1.1. Bank account 1.2. Debtors control account 1.3. Creditors control account Flax Dealers employs a full-time bookkeeper. However, the bookkeeper absconded and Mr Kramer, the owner, approached you for assistance. He is unsure of how to post the subsidiary journals to the General Ledger accounts. Mr Kramer provides you with the following information extracted from the subsidiary journals for March 2021. Flax Dealers also needs your assistance with some of the information, as Mr Kramer is not sure what the amounts should be. Cash Receipts Journal of Flax Dealers for March 2021 Cost of Debtors Sales Control ? 52 096 40 700 49 908 Cash Payments Journal of Flax Dealers for March 2021 Creditors Control Bank Bank Sales Inventory 87 747 68 116 57 553 ? ? Debtors/Sales Journal of Flax Dealers for March 2021 Debtors Control Sales Bank (favourable) Debtors control Creditors control Inventory Wages 29 824 6 866 51 303 Creditors/Purchases Journal of Flax Dealers for March 2021 Sundry Creditors Control Amount 1245 Cost of Sales Amount Amount Details 11 112 6 250 23 300 Sundry Sundry Details Details Fol. Fol. Fol. From the previous month's trial balance, it was established that the opening balances of selected accounts are as follows: R80 496 R37 914 R36 612 Required: Complete the missing information and post to the General Ledger accounts listed below. 1.1. Bank account 1.2. Debtors control account 1.3. Creditors control account

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