Gum Ltd Maintains Subsidiary Ledgers for Debtors and Creditors

question 8

Multiple Choice

Gum Ltd maintains subsidiary ledgers for debtors and creditors. At 1 July 2018, debtors owed $4 000, and creditors were owed $7 200. Transactions for year ended 30 June 2019 were as follows: What was the balance of the creditors' control account at 30 June 2019?

• A) $5 200
• B) $5 500
• C) $6 000
• D) $9 200

Learn effective nonverbal communication strategies to enhance message delivery.

Identify and apply strategies for responding to audience queries and managing Q&A sessions.

Recognize the importance of posture and physical presence in conveying a message effectively.

Distinguish between different types of presentation aids and their impact on audience comprehension.

---

Definitions:

Sample Size

Sample size refers to the number of observations or subjects used in a statistical study.

Research Hypothesis

Posits an expected causation, correlation, or difference between studied variables, formulated for scientific testing and verification.

Null Hypothesis

The default hypothesis in statistical testing that assumes no effect or difference, stating that any observed variability is due to chance.

Directional

Pertains to hypothesis testing or research questions that specify the direction of the expected relationship or difference between variables.