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Accounting: Complete the following journals for Molly$$s Furniture$$s$.$

You are Required to:

$1$ Record the transactions for November $2023$ in the journals provided.

Important: Do Not close off the journals on $31$ November $2023.$

$2$ Draw up the ledger account of the creditor below:

Information:

The transactions of Molly$$s Furniture for November $2023$ appear below. The business uses a markup of $50\%$ on the cost price.

Debtors$$ List

Carl Duncan: $$3120$

Bestman$$s Retailers: $$14200$

Creditors$$ List

A Vincent: $$23450$

Transactions for November $2023$:

$5$ November: Cash Sales of stock as per cash register roll amounted to $$2394$ with a $($CRT $101),$ Cost Price $$1596.$

$7$ November: Invoice $90$ was received from Bestman$$s Retailers for $$5230.$ This was for packing material of $$3102$ and the rest was for consumable stores.

$11$ November: Carl Duncan was unhappy with some of his goods and returned them. A Credit Note $51$ for $$1287$ was issued.

$11$ November: Paid Leonard$$s Traders by EFT for trading stock bought, $$23860.$

$16$ November: Paid Bestman$$s Retailers by EFT to settle the outstanding balance at the beginning of the month.

$16$ November: Debit Note $11$ was issued to Bestman$$s Retailers for $$1390$ for packing material that was damaged.

$20$ November: Goods costing $$2390,$ sold on account to A Vincent. Invoice $71$ was issued.

$25$ November: A Vincent paid $$2890$ by EFT in part settlement of her account. Issued receipt $621.$

The journals provided are:

Cash receipts Journal

Cash Payments Journal

Debtors$$ Journal

Debtors$$ Allowances Journal

Creditors$$ Journal

Creditors$$ Allowances Journal

Creditors$$ Ledger

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