The accounts receivable subsidiary ledger shows the following balances on 31 January 2019. The balance in the accounts receivable control account at this date is:
(Assume recording and balancing of accounts payable records are up to date.)
$\bullet$Barry Ltd $2 875
$\bullet$Roberts Ltd $8 113
$\bullet$Symes Ltd $3 499
A) $0
B) $14 487 Dr
C) $14 487 Cr
D) Cannot be calculated from the information given

Question

Quizplus · Accepted Answer

The balance in the accounts receivable control account is the sum of the individual balances in the subsidiary ledger, which is $2,875 + $8,113 + $3,499 = $14,487 Dr.

The Accounts Receivable Subsidiary Ledger Shows the Following Balances on 31