PQR Limited keeps accounts receivable control accounts in the General Ledger. The transactions for the month ended 30 September 20XX were as follows:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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PQR Limited keeps accounts receivable
control accounts in the General Ledger.
The transactions for the month ended 30
September 20XX were as follows:
Credit balances on 1
September
Credit sales
Debit balances on 1 September 956
Credit balances on 30
September
Cash received from debtors
Bad debts written off
4,563
Cheques received from debtors 3,140
1,367
Discounts allowed
$
154
Contra from purchases ledger
Refunds to debtors
Returns inwards
178
68
169
34
62
231
Required:
Accounts receivables ledger control
account for the month of September
20XX
Transcribed Image Text:PQR Limited keeps accounts receivable control accounts in the General Ledger. The transactions for the month ended 30 September 20XX were as follows: Credit balances on 1 September Credit sales Debit balances on 1 September 956 Credit balances on 30 September Cash received from debtors Bad debts written off 4,563 Cheques received from debtors 3,140 1,367 Discounts allowed $ 154 Contra from purchases ledger Refunds to debtors Returns inwards 178 68 169 34 62 231 Required: Accounts receivables ledger control account for the month of September 20XX
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