Plume Ltd Maintains Subsidiary Ledgers for Debtors and Creditors

question 14

Multiple Choice

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 creditors control account at 31 January 2016?

• A) $5800
• B) $4600
• C) $3800
• D) $7400