Q.2.3 Prepare the debtors list of Towel Talk as at 28 February 2021. (Round off tothe nearest rand) (Show all workings) General Journal of Towel Talk - February 2021DOCDATE DETAILSFOL DEBITCREDITNOJV2523Sales1143Input VAT171Debtors Control/D. PatelD51314(Settlement Discount of 5%)JV2626Sales274Input VAT41Debtors Control/L. SimpsonD1315(Settlement Discount of 5%)JV2728Credit losses23 000Input VATDebtors Control/Home3 450D426 450Centre(Amount written off as irrecoverable)Debtors Control/Marvel LtdJV2828D2Interest Received(Interest for the month on overdueaccount at 10% per annum calculatedon the month end balance)Additional information:The cheque received from L. Simpson on the 26" February in settlement of her accountwas returned by the bank marked R/D on the 28h February 2021. This transaction has notyet been recorded.The debtors control and debtors list was reconciled on the 31" January 2021 The following information was taken from the books of Towel Talk for January and February 2021:List of balances in the Debtors Ledger of Towel Talk as at 31 January 2021:DebtorFolAmountL SimpsonD1R12 000Marvel LtdD2R13 900R GreenD3R9 600Home Centre LtdD4R2 300D PatelD5R16 500R54 300Debtors Journal of Towel Talk - February 2021DOC NO DATEDETAILSFOL DEBTORSOUTPUTSALESCONTROLVATINV2032Marvel LtdD217 25022 25015 000INV2048.Home Centre LtdD424 1503 15021 000INV20512L. SimpsonD12 8753752 500INV20618D. PatelD59 7751 2758 500INV20722R. GreenD31 093143950INV20824L. SimpsonD15 1756754 500INV20928D. PatelD52 3003002 00062 6188 16854 450Debtors Allowances Journal of Towel Talk - February 2021DOC NODATEDETAILSFOL DEBTORSINPUT VAT SALESCONTROLRETURNS|CN454Marvel LtdD22 8753752 500CN4613L. SimpsonD157575500CN4723R. GreenD3230302004 5007 700CN4825L. SimpsonD15 1756758 8551 155Cashbook Receipts of Towel Talk - February 2021DOCDATEDETAILSFOLBANKDEBTORSOUTPUTSALESSUNDRIESNOCONTROLVATAMOUNTFOLDETAILSCR3331B. Pitt20 7002 70018 000CR334 73 7954953 300ServicesН.HomerRenderedDR2814L.D18 0008 000SimpsonCR33519Cash27 6003 60024 000DR2923D. PatelD524 96124 961DR3026L.D15 9855 985Simpson91 04138 9466 79542 0003 300

L Simpson: Particulars Date Amount Balance as at 31 January 2021 12000 Sales made during…

Answered: Q.2.3 Prepare the debtors list of Towel…

FINANCIAL ACCOUNTING

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Chapter1: Financial Statements And Business Decisions

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Please help with this question from my textbook : Prepare the debtors list of Towel Talk as at 28 February 2021. (Round off to the nearest rand) (Show all workings) Information as well as format needed is attached
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Prepare the debtors list of Towel Talk as at 28 February 2021. (Round off tothe nearest rand) (Show all workings)
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Q.2.3 Prepare the debtors list of Towel Talk as at 28 February 2021. (Round off to the nearest rand) (Show all workings)