The following totals appear in the accounting records of Wallis Enterprises for March 2023 Cash Receipts...
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The following totals appear in the accounting records of Wallis Enterprises for March 2023 Cash Receipts Journal Cash sales Debtors control Bank Cash Payments Journal Creditors control Purchases Bank Balances as at 1 March 2023 Bank Debtors control Creditors control Total credit sales as per Debtors Journal Total credit purchases as per Creditors Journal R103 409 R71 047 R217 443 R97 347 R87 741 R174 941 R74 340 R79 248 R72 142 R144 778 R118 748 Required: Post the transactions for March 2023 to the following ledger accounts and then balance these accounts: 3.1. Bank 3.2. Debtors control 3.3. Creditors control (4) The following totals appear in the accounting records of Wallis Enterprises for March 2023 Cash Receipts Journal Cash sales Debtors control Bank Cash Payments Journal Creditors control Purchases Bank Balances as at 1 March 2023 Bank Debtors control Creditors control Total credit sales as per Debtors Journal Total credit purchases as per Creditors Journal R103 409 R71 047 R217 443 R97 347 R87 741 R174 941 R74 340 R79 248 R72 142 R144 778 R118 748 Required: Post the transactions for March 2023 to the following ledger accounts and then balance these accounts: 3.1. Bank 3.2. Debtors control 3.3. Creditors control (4)
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31 Bank Account Date Description Debit Credit Mar 1 ... View the full answer
Related Book For
Accounting Information Systems
ISBN: 9780132871938
11th Edition
Authors: George H. Bodnar, William S. Hopwood
Posted Date:
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