Prepare a creditors reconciliation statement for Ashmore Traders, showing the discrepancies with Taljaard Suppliers and making the necessary adjustments.

Here is the Creditors Reconciliation Statement for Ashmore Traders:

TASK 11.3 Ashmore Traders: Creditors Reconciliation Statement

The statement received from a creditor, Taljaard Suppliers, on 28 February 20.9 reflects that Ashmore Traders owes them R11 790. The Creditors Ledger in the books of Ashmore Traders reflects that they only owe Taljaard Suppliers R8 310.

Initial Balances:

• Creditors Ledger of Ashmore Traders: R8 310
• Statement from Taljaard Suppliers: R11 790

Information Analysis and Adjustments:

1. Discount cancellation: Ashmore Traders claimed a R500 discount which