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-   -   How does a debtors control account look (https://www.askmehelpdesk.com/showthread.php?t=503254)

  • Aug 30, 2010, 11:14 AM
    zelda00
    How does a debtors control account look
    You are the accountant of cocktail Ltd. The following information for Feb 2010 was obtained

    Total sales for the month 62550
    Cash received from debtors 36 500
    Settlement discount granted to debtors during the month 750

    Sales journal overcast by 2200
    Cash sales of the month 7800
    Debtors control account balance of 27 000 on 1 Feb 2010
    Card of creditor with balance of 1050 transfer to debtor ledger

    What would the debtors control account be at 28 Feb 2010?
  • Aug 30, 2010, 11:17 AM
    zelda00
    41 850
    44 100
    43 350
    45 550
  • Sep 1, 2010, 02:06 PM
    morgaine300

    Please see the guidelines for submitting homework questions:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

    At least make some attempt and show us your work.

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