B. Balance of the debtor’s control on 30 June 2020, am…
B. Balance of the debtor’s control on 30 June 2020, amounted to R175 700. C. Balance according to the debtor’s ledger on 30 June 2020. Debtors Amount due Credit limits S Chuta 46 500 30 000 T. Nche 31 800 35 000 T. Msweli 27 000 30 000 J. Bekker 63 200 40 000 P Pillay 8 600 10 000 TOTAL 177 100 D. The following errors and omissions were discovered and must be corrected: (i) The debtor’s Journal was overcast by R4 100. (ii) Goods sold on credit to P Pillay were incorrectly posted to the account of T. Nche, R7 600. (iii) An allowance on damaged goods delivered to S. Chuta R1 400, was posted to the wrong side of his account. (iv) An invoice issued to T. Msweli for, R2 300 was not entered in the books of Stonehaven Traders. (v) No entry was made of an EFT for R8 700, received from P. Pillay in settlement of an invoice for R9 000. (vi) Goods sold on credit to J. Bekker for R4 700, was correctly entered in the debtors Journal, but was posted to her account in the debtors’ ledger as R7 400.