Wrigley Ltd uses subsidiary ledgers for debtors and creditors. At 1 July 2015 debtors owed $7000 and creditors were owed $4000. Transactions for year ended 30 June 2016 were as follows:

What was the balance of the debtors control account at 30 June 2016?
A) $8300
B) $9700
C) $21 300
D) $9000

Question

Wrigley Ltd uses subsidiary ledgers for debtors and creditors. At 1 July 2015 debtors owed $7000 and creditors were owed $4000. Transactions for year ended 30 June 2016 were as follows:

What was the balance of the debtors control account at 30 June 2016?
A) $8300 
B) $9700 
C) $21 300 
D) $9000

Quizplus · Accepted Answer

The Answer of Wrigley Ltd uses subsidiary ledgers for debtors and creditors. At 1 July 2015 debtors owed $7000 and creditors were owed $4000. Transactions for year ended 30 June 2016 were as follows:

What was the balance of the debtors control account at 30 June 2016?
A) $8300 
B) $9700 
C) $21 300 
D) $9000

Wrigley Ltd Uses Subsidiary Ledgers for Debtors and Creditors