Wrigley Ltd Uses Subsidiary Ledgers for Debtors and Creditors

question 3

Multiple Choice

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

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Definitions:

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Laws enacted by the Kentucky state legislature that govern legal obligations and rights within the state of Kentucky.

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