Question: Use the information provided below to prepare the correct Debtors Control account. Do not balance the account. (INFORMATION The following information was obtained from the

Use the information provided below to prepare the correct Debtors Control account.

Do not balance the account.

(INFORMATION The following information was obtained from the accounting records of Orlando Traders during March 2023: The amount owed by debtors on 01 March 2023 amounted to R63 000. The total sales were R80 000. Cash received from debtors and discounts allowed amounted to R49 500. Goods with a selling price of R4 000 were returned by debtors. Additional information Credit sales for March 2023 amounted to R31 000. An amount of R1 960, received in settlement of a debt of R2 000, was not recorded in the cash payments journal.

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