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Plume Ltd Maintains Subsidiary Ledgers for Debtors and Creditors

Question 13

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: 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
- What was the balance of the creditors control account at 31 January 2016?


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

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