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2.1 Prepare the general ledger account (T - account) for Accounts Payable of Urban Style...

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Accounting

2.1 Prepare the general ledger account (T - account) for Accounts Payable of Urban Style Interiors to account for any/all adjustments and corrections for the month of November 2023. Begin with the current balance of R116875 as your starting point. Your account must be carried forward after all adjustments are(15 marks)2.2 Prepare the Accounts Payable reconciliation statement between Urban Style Interiors and their supplier Fancy Furniture Ltd for the month of November 2023.(8 marks)6HFAC130-1-Jul-Dec2023-SA1-LVN-20230821-V22.3 List and briefly describe two purposes/benefits of preparing a creditors reconciliation statement.(4 marks)-- End

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