Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 3 [12] the following totals appear in the

Question 3 [12] The following totals appear in the accounting records of Thicktail Enterprises for...

70.2K

Verified Solution

Question

Accounting

Question 3 [12] The following totals appear in the accounting records of Thicktail Enterprises for April 2021: Cash Receipts Journal Cash sales R103 509 Debtors control R81 058 Bank R218 553 Cash Payments Journal Creditors control R98 357 Purchases R68 741 Bank R185 951

Balances as at 1 April 2021 Bank R75 350 Debtors control R89 256 Creditors control R82 152 Total credit sales as per Debtors Journal R155 786 Total credit purchases as per Creditors Journal R116 846 Required: Post the transactions for April 2021 to the following ledger accounts and then balance these accounts: 3.1. Bank (4) 3.2. Debtors control (4) 3.3. Creditors control (4)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Let A be a square matrix defined by \( A =\begin{pmatrix}-8&-3&-6\\ 4&0&4\\ 4&2&2\end{pmatrix} \) (a) Find...

Advance Math
Q

Suppose an electrical circuit contains a 1 H inductor, a 10 Ω resistor and a capacitor...

Advance Math
Q

During an incremental maximal exercise test what would a normal response be to HR, SBP, DBP,...

Biology
Q

How did immigrants adjust to life in America? What institution or activities becam important to their adjustment,...

Psychology
Q

In the figure below, the battery has potential difference V = 9.0 V, C2 = 3.0

Physics
Q

What issues would you consider to be the most important for an organization that is considering...

General Management
Q

The vertices of a triangle are A(7, 5), B(4, 2), and Q9, 2). What is...

Geometry
Q

The ages of the winners of a cycling tournament are approximately bell-shaped. The mean age...

Basic Math
Q

Assume that the United States economy is currently in a short run equilibrium with the...

Statistics
Q

Question 11 2 points What is the range of the following function g x log...

Calculus
Q

Vitex, Incorporated manufactures a popular consumer product and it has provided the following data excerpts...

Accounting
Q

Knudsen Corporation was organized on January 1, 2016. During its first year, the corporation issued...

Accounting