4(@) The following items appear in a sales ledger control account. Place a tick () in thecorrect box to indicate where the item would appear in the sales ledgor control account.ForExeminer'sUseDebitCreditOpening balance trade receivablesCredit salesSales returnsReceipts from credit customersDiscount allowedBad debtsDishonoured chequesInterest on overdue accounts(b) () Telhwright Ltd maintains a sales ledger control account and a provision for doubtfuldebts account. On 1 April 2012 the balances were:Trade receivableSales ledger control accountProvision for doubtful debts account$46 200$924Calculate the percentage rate used for the provision for doubtful debts.[2](1) On 31 March 2013 the balance on the provision for doubtful debts had increasedto $1560. Suggest one reason for the increase.[2] 11(II) Prepare the journal entry to record the change in the provision for doubtful debts.A narrative is required.Tellwright LtdJournalDebit$Credit$4[3](c) Name one accounting principle used when a provision for doubtful debts is maintained.Explain how it is being applied.[3][Total: 18]

Hi student Since there are mutiple questions, we will answer only first question. Sales ledger…

4 (a) The toiklowing items appear in a sales ledger control account Place a tick () in the correct box to indicate where the item would appear in the salos lodgor control account Debil Credit Opening balance trade receivables Credit sales Sales returns Receipts from credit customers Discount allowed Bad debts Dishonoured cheques Interest on overdue accounts

4 (a) The toiklowing items appear in a sales ledger control account Place a tick () in the correct box to indicate where the item would appear in the salos lodgor control account Debil Credit Opening balance trade receivables Credit sales Sales returns Receipts from credit customers Discount allowed Bad debts Dishonoured cheques Interest on overdue accounts

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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please answer do not image.
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Sh10 Please help me Solution
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