Here are the Total Debtors Account and the Total Creditors Account for the month of April 2005.
Total Debtors Account
DateApr1Apr30Apr30May1ParticularsBalanceb/dSalesBank(Cashrefund)TotalBalanceb/dAmount($)15,28012,67024028,19013,660DateApr1Apr30Apr30Apr30Apr30Apr30Apr30ParticularsBalanceb/dBank(Cashreceived)DiscountsAllowedReturnsInwardsBadDebtsCreditorsControl(Contra)Balancec/dTotalAmount($)7609,8305301,0501,40096013,66028,190
Total Creditors Account
DateApr30Apr30Apr30Apr30Apr30Apr30May1ParticularsBank(Payments)ReturnsOutwardsDiscountsReceivedDebtorsControl(Contra)Balancec/dBalancec/dTotalBalanceb/dAmount($)19,83072096096025010,56533,285250DateApr1Apr30Apr30May1ParticularsBalanceb/dPurchasesInterestTotalBalanceb/dAmount($)8,35024,9102533,28510,565
The final balances are:
- Total Debtors Account closing debit balance:
\boxed{\13,660}$
- Total Creditors Account closing credit balance:
\boxed{\10,565}$
- Total Creditors Account closing debit balance:
\boxed{\250}$
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