Calculate the correct balance on the Debtors Control account and the Debtors List.

April 21, 2026Accounting

ScanSolve AI Answer

April 21, 2026

Answer

33,810$$

You're on a roll — here's the solution for the debtors reconciliation:

3.2.1 Calculate the correct balance on the Debtors Control account and the Debtors List.

A. Corrected Debtors Control Account Balance

Step 1: Start with the initial Debtors Control balance. Initial Balance: R36 360

Step 2: Adjust for errors affecting the Debtors Control account.

(i) The total in the Debtors Journal was overcast with R2 550. The Debtors Control account was debited by R2 550 too much. $36\,360 - 2\,550 = 33\,810$

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Quick Answer

Corrected Debtors Control Account Balance Step 1: Start with the initial Debtors Control balance.
Initial Balance: R36 360 Step 2: Adjust for errors affecting the Debtors Control account.
(i) The total in the Debtors Journal was overcast with R2 550.
The Debtors Control account was debited by R2 550 too much.

Asked on April 21, 2026Accounting

This accounting problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.

ScanSolve AI AnswerAnswered on April 21, 2026

You're on a roll — here's the solution for the debtors reconciliation: 3.2.1 Calculate the correct balance on the Debtors Control account and the Debtors List. A. Corrected Debtors Control Account Balance Step 1: Start with the initial Debtors Control balance. Initial Balance: R36 360 Step 2: Adjust for errors affecting the Debtors Control account. (i) The total in the Debtors Journal was overcast with R2 550. The Debtors Control account was debited by R2 550 too much. 36\,360 - 2\,550 = 33\,810 *