What is the balance carried down on the following debtor account on the 20 July ………..?
Select ONE answer:
- £300 debit
- £900 debit
- £1,500 debit
- None of the above
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple choice question is suitable for Accounting KS5 classes.
The answer is 2 – At 20 July Total debits at 20 July is only £2,100 – Total credits £3,000 = difference b/fwd on the debit side at that date of £900
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