Journalise the following transactions for ALL-IN-1 TRADING for 28 February 2023, give a reason for...
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Journalise the following transactions for ALL-IN-1 TRADING for 28 February 2023, give a reason for the entry and total the Debtors and Creditors Control columns. 1. H Shady's balance in the Debtors Ledger was R3 200. As it was long overdue, it was decided to write it off. 2. Stationery purchased for R1 200 was incorrectly recorded as stock. Correct the error. 3. Accepted a cash register with a value of R7 500 from a debtor, I Owe you. His account of R8 250 had been previously written off. 4. An allowance of R500 was allowed to a creditor, Sinner General Dealers. The Entry was incorrectly posted to Sinner (Pty) Ltd. 5. A credit note for R1 235 issued to T Pau, a debtor, for damaged goods returned, was recorded in the Debtors ledger. 6. Transfer a debit balance of R1 150 from the account of Mom Traders in the Creditors ledger to his account in Debtors ledger
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