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How do a debtors control account properly balanced for april

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Reference no: EM132683207

The following information refers to Thuthukani Stores for April 2016:

R

Balance of the debtors control account at 1 April 2016 15400

Totals of journals for the month:

Columns in the Cash Receipts Journal:

Cash sales 200 000

Debtors control 63 400

Settlement discount granted 1 600

Columns in the Cash Payments Journal:

Creditors control 34000

Settlement discount received 900

Debtors control( credit balance repaid) 600

R/D cheque from debtor P.Penny 800

Sales journal:

Debtors control 65 000

Sales returns journal(all on credit sales) 400

General journal: interest charged to debtors 300

REQUIRED:

Problem 1: How do a debtors control account properly balanced for April 2016.

Reference no: EM132683207

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