Wrigley Ltd uses subsidiary ledgers for debtors and creditors. At 1 July 2018 debtors owed $7 000 and creditors were owed $4 000. Transactions for year ended 30 June 2019 were as follows: What was the balance of the creditors control account at 30 June 2019?
A) $11 500
B) $6 500
C) $6 000
D) $5 500

Question

Wrigley Ltd uses subsidiary ledgers for debtors and creditors. At 1 July 2018 debtors owed $7 000 and creditors were owed $4 000. Transactions for year ended 30 June 2019 were as follows:  What was the balance of the creditors control account at 30 June 2019?
A) $11 500 
B) $6 500 
C) $6 000 
D) $5 500

Quizplus · Accepted Answer

The Answer is D

Wrigley Ltd Uses Subsidiary Ledgers for Debtors and Creditors