The following receivables ledger control account prepared by a trainee accountant contains a number of errors: RECEIVABLES LEDGER CONTROL ACCOUNT $ $ 20X4 20X4 1 Jan Balance 614,000 31 Dec Credit sales 301,000 31 Jan Cash from credit customers 311,000 Discounts allowed 3,400 Contras against amounts Irrecoverable debts due to suppliers in written off 32,000 payables ledger 8,650 Interest charged on overdue accounts 1,600 Balance 595,650 933,650 933,650 What should the closing balance on the control account be after the errors in it have been corrected?
A、$561,550
B、$578,850
C、$581,550
D、$568,350
A、$561,550
B、$578,850
C、$581,550
D、$568,350
【参考答案及解析】
$ $ Opening balance 614,000 Cash from customers 311,000 Credit sales 301,000 Discounts allowed 3,400 Interest charged on overdue Irrecoverable debts written off 32,000 accounts 1,600 Contras 8,650 916,600 Closing balance 561,550 916,600
$ $ Opening balance 614,000 Cash from customers 311,000 Credit sales 301,000 Discounts allowed 3,400 Interest charged on overdue Irrecoverable debts written off 32,000 accounts 1,600 Contras 8,650 916,600 Closing balance 561,550 916,600