Plume Ltd maintains subsidiary ledgers for debtors and creditors. At 1 January 2016, debtors owed $3000 and creditors were owed $5600. Transactions for the month of January 2016 were as follows:

What was the balance of the debtors control account at 31 January 2016?
A) $8400
B) $4100
C) $3900
D) $4400

Question

Plume Ltd maintains subsidiary ledgers for debtors and creditors. At 1 January 2016, debtors owed $3000 and creditors were owed $5600. Transactions for the month of January 2016 were as follows:

What was the balance of the debtors control account at 31 January 2016?
A) $8400 
B) $4100 
C) $3900 
D) $4400

Quizplus · Accepted Answer

The Answer of Plume Ltd maintains subsidiary ledgers for debtors and creditors. At 1 January 2016, debtors owed $3000 and creditors were owed $5600. Transactions for the month of January 2016 were as follows:

What was the balance of the debtors control account at 31 January 2016?
A) $8400 
B) $4100 
C) $3900 
D) $4400

Plume Ltd Maintains Subsidiary Ledgers for Debtors and Creditors