A-LevelAccountingPreparation of financial statements9706/12 · May/June 2010 · Q101 Mark
A trial balance at 31 December shows: trade receivables (debtors) control account debit $48 500 credit $2 900 trade payables (creditors) control account debit $3 600 credit $34 800 It is then found that an invoice, $900, issued to a debtor on 27 December, has not been entered in the accounting records. What is the correct figure for trade receivables (debtors) in the balance sheet at 31 December?
A$46 500
B$49 400
C$51 200
D$53 000
✓ Correct answer
D: $53 000
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