Accounting - Grade 11 - Lesson 10

An Invoice of R10 110 appeared on the statement but was omitted from the Creditors ledger

• Dr. Creditors Ledger

• Cr. Creditors Ledger

• Dr. Creditors Reconcilaition

• Cr. Creditors Reconciliation

Debit note 6 had the incorrect amount, after investigation it revealed the correct amount was shown as R12 000 in the Statement of Account. It was recorded as R1200 in the Creditors Ledger

• Creditors Ledger decrease

• Creditors Ledger increase

• Creditors Reconciliation decrease

• Creditors reconciliation increase

During the reconciliation process, it was discovered that a payment of R 1 100 to a creditor was posted on the credit side in the creditors ledger.

• Dr. Creditors Reconciliation R1100

• Cr. Creditors Reconciliation R1100

• Dr. Creditors Ledger R2200

• Cr. Creditors Ledger R2200

Look at the following statement received from Sunshine Stores, a creditor, and calculate the amount we owe them at the end of the month.

• R45 610

• R7 550

• R16 750

• R13 210

Calculate the correct value owed to Ndiliswa Traders by Du Toit Stores on 31 August 2022.

 

• R22 180

• R20 840

• R20 380

• R38 140