Multiple Choice
Use the information given below to answer the following questions:
Plume Ltd maintains subsidiary ledgers for debtors and creditors. At 1 January 2012, debtors owed $3000 and creditors were owed $5600. Transactions for the month of January 2012 were as follows:
-What was the balance of the creditors control account at 31 January 2012?
A) $5800
B) $4600
C) $3800
D) $7400.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Use the information given below to
Q14: In posting the total of the cash
Q15: Use the information given below to
Q16: Which of these items is the source
Q18: The general ledger account representing the subsidiary
Q19: 'Accounts receivable' is a credit column in
Q19: Use the information given below to
Q20: Use the information given below to
Q21: Use the information given below to
Q23: A credit balance in a customer's account