Prepare the debtors list of Towel Talk as at 28 February 2021. (Round off tothe nearest rand) (Show all workings) Q.2.3DEBTORS LIST OF TOWEL TALK AS AT 28 FEBRUARY 2021DEBTORFOLAMOUNT Question 2Cashbook Receipts of Towel Talk - February 2021The following information was taken from the books of Towel Talk for January and February 2021:DOC DATEDETAILS FOL BANKDEBTORS OUTPUT SALESSUNDRIESList of balances in the Debtors Ledger of Towel Talk as at 31 January 2021:NOCONTROLAMOUNT FOL DETAILSVATCR333B Pitt20 7002 70018 000FolCR3347H.3795DebtorAmount4953300ServicesHomerRenderedL SimpsonD1R12 000DR2814D18 0008 000Marvel LtdD2R13 900SimpsonCR335 19DR29 23DR30 26Cash3 60027 60024 9615 985R GreenD3R9 60024 000R2 300D. Patel DS24 961Home Centre LtdD4LD15 985D PatelD5R16 500SimpsonR54 30091 041地9466 79542 0003300O The Independent Institute of Education (Pty) Ltd 2021Page SofPage 4 of212021General Journal of Towel Talk - February 2021212021DATE DETAILSFOL DEBITDOCCREDITNOJV2523Sales1 143Debtors Journal of Towel Talk - February 2021Input VAT171DOC NODATEDETAILSFOLDEBTORSOUTPUTSALESDebtors Control/D. PatelD51 314CONTROLVAT(Settlement Discount of 5%)INV2032Marvel LtdD217 2502 25015 000JV2626Sales274INV204Home Centre LtdD424 1503 15021 000Input VAT41INV20512L. SimpsonD12 8753752 500Debtors Control/L. Simpson D1315INV20618D. PatelD59 77512758 500(Settlement Discount of 5%)INV20722R. GreenD31 093143950JV2728Credit losses23 000INV20824L. SimpsonD15 1756754 500Input VAT3 450INV20928D. PatelD52 3003002 000Debtors Control/HomeD426 45062 6188 16854 450Centre(Amount written off as irrecoverable)Debtors Allowances Journal of Towel Talk - February 2021Debtors Control/Marvel LtdD2JV2828DOC NO DATEDETAILSFOLDEBTORSINPUT VATSALESInterest ReceivedCONTROLRETURNS(Interest for the month on overdueCN454Marvel LtdD22 8753752 500account at 10% per annum calculatedCN4613L. SimpsonD157575500on the month end balance)CN4723R. GreenD323030200CN48L. SimpsonD15 1754 500Additional information:256758 8557 700The cheque received from L. Simpson on the 26 February in settlement of her account1155was returned by the bank marked R/D on the 28 February 2021. This transaction has notCashbook Receipts of Towel Talk - February 2021yet been recorded.The debtors control and debtors list was reconciled on the 31" January 2021

Question 2 Cashbook Receipts of Towel Talk - February 2021 The following information was taken from the books of Towel Talk for January and February 2021: DOC DATE DETAILS FOL BANK DESTORS OUTPUT SALES SUNDRIES List of balances in the Debtors Ledger of Towel Talk as at 31 January 2021: CONTROL VAT AMOUNT FOL DETAILS NO CR A Pitt 20 00 2 700 18 000 Debtor CRI347 H. . 3795 495 3 300 Fol Amount Services Homer Rendered LSimpson D1 R12 000 DR28 14 L D1 8000 8000 Marvel Ltd D2 R13 900 Simpson RGreen D3 R9 600 CRIIS 19 Cash 27600 3600 24 000 R2 300 DR29 23 D. Patel os 24 961 24961 Home Centre Ltd D4 DR30 26 L 5985 5985 D Patel D5 R16 500 Simpson RS4 300 6 795 3 300 91041 38946 42000 O The independent institute of tducation (yi 2021 Pagesof Pageof 21 2021 General Journal of Towel Talk - February 2021 21 2021 DOC DATE DETAILS FOL DEBIT CREDIT NO JV25 23 Sales 1 143 Debtors Journal of Towel Talk - February 2021 Input VAT 171 DOC NO DATE DETAILS FOL DEBTORS OUTPUT SALES Debtors Control/D. Patel (Settlement Discount of SN) DS 1 314 CONTROL VAT INV203 2 Marvel Ltd DZ 17 250 2 250 15 000 JV26 26 Sales 274 INV204 8 Home Centre Ltd D4 24 150 3 150 21 000 Input VAT 41 INV205 12 L Simpson D1 2 875 375 2 500 Debtors Control/L Simpson D1 315 INV206 18 D. Patel D5 9 775 1275 8 500 (Settlement Discount of 5%) COZANI INV207 22 R. Green D3 1093 143 950 JV27 28 Credit losses 23 000 INV208 24 L. Simpson D1 5 175 675 4 500 Input VAT 3 450 INV209 28 D. Patel DS 2 300 300 2 000 Debtors Control/Home D4 26 450 62 618 8 168 54 450 Centre (Amount written off as irrecoverable) Debtors Allowances Journal of Towel Talk- February 2021 28 Debtors Control/Marvel Ltd D2 ? JV28 DOC NO DATE DETAILS FOL DEBTORS INPUT VAT SALES Interest Received CONTROL RETURNS (Interest for the month on overdue CN45 4 Marvel Ltd D2 2 875 375 2 500 account at 10% per annum calculated CN46 13 L. Simpson D1 575 75 500 on the month end balance) CN47 23 R. Green D3 230 30 200 CN48 25 L Simpson D1 5 175 675 4 500 Additional information: 8 855 1155 7 700 The cheque received from L. Simpson on the 26" February in settlement of her account was returned by the bank marked R/D on the 28 February 2021. This transaction has not Cashbook Receipts of Towel Talk-February 2021 yet been recorded. The debtors control and debtors list was reconciled on the 31" January 2021