Post to the Specific Debtors Ledger Accounts and Creditors Ledger Accounts - Management Assignment Help

Assignment Task:

Task:

INSTRUCTIONS: 
1. The project consists of :

• Journals

• Ledgers

• Internal control 
2. The Ledgers must be done under supervision.

3. Textbooks and other sources can be used.

4. An answer book is provided in which to answer allquestions.

5. The final product must be in blue ink.

6. This is an individual task. If learners are duplicating each other's work, all parties involved will get "0" mark. 

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DVW Traders commenced business on 1 January 2021. The business sells camping goods. Sources documents and additional information for April 2021 are provided. Their mark-up on cost is 60% for all sales. 
REQUIRED: 
1. Complete the Journals for April 2021 and closed it off. 
2. Post to the specific Debtors ledger accounts and Creditors Ledger accounts as provided in the Answer Book. 
3. Post to the specific General Ledger accounts provided in the Answer Book. 
4 Internal control: 4.1 How can you verify that all the money receipt on 12 April 2021 has been deposit? Quote figure to prove your point. 
4.2 Discuss TWO measure the business should put in place to ensure that Debtors Bosch and Tuck comply with the credit terms. 
(64) (44) (69) (4) (4) 
LIMITED alance 56 400  51 996 
55 932 51 372  57 372  55 260  60 300  71 604  68 760 
98 760  104 160  97 800  - 103 800  96 024  95 334 
91 134 90 498 89 358 89 634 

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