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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? |
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