Solution of Debtor Control Account Problem

AOA...SIR how are you...again i want to ask about ...Debtors Control Account
could you plz tell me the opening balance or opening debtor is on the debit side then closing debtor or closing balance is also on the Debit Side or it will be posted on the Credit Side...if it is on credit side then why ?
grateful to you if you will tell thanks

Nausheen Khan from Pakistan

I am fine. It is very simple. Debtors are our current asset. We have to take money from them because we have sell the goods on credit. It is just like we give loan to our debtors. Opening balance must be in the debit side because all current asset's balance will be debit. It means, in the starting of year, we have to take money from our debtor. During the year, some more credit sale may be done or we may get amount from our debtor. So, in the end of year, we calculate the difference between the debit side of debtor control account and credit side. Debit side will more than credit side. We show the balance in credit side by writing balance c/d. It means, we are carrying this balance. Actually, this is also debit balance, next year this balance will be shown in the opening balance by writing balance b/d, it means we have brought the balance from carried balance. Ok

 
.

$type=three$a=hide$cm=hide$s=hide$show=/2019/08/how-to-spend-money-intelligently.html$l=hide$c=9$d=

$type=three$a=hide$cm=hide$s=hide$show=/2019/08/how-to-buy-gold-from-paytm.html$l=hide$c=6$d=no

$type=three$a=hide$cm=hide$s=hide$show=/2013/06/tdr-vs-stdr.html$l=hide$c=30$d=no

$type=three$a=hide$cm=hide$s=hide$show=/2019/06/10-steps-to-become-better-investor.html$l=hide

Name

11th Class Physics 6th Class Science accounting Accounting Concepts Accounting Course Accounting Education accounting equation Accounting Solutions Accounting Videos in Hindi Algebra Answer the Questions and Become Master Applied sciences B.Com Maths Balance Sheet bank Banking Bodybuilding Education Budget Business Business Education Business Environment Business Mathematics Business Solutions CA Calculus cameras car Car Driving Course Career Solutions carpentry Cattle Domestication Skill Cattle Domestication Skill chemistry Class 10 Maths Class 8 Maths Class 9 Maths Computer Computer Basics Computer Hardware Computer Networking Computer Software Computer Solutions Construction Skills cooking education Corporate Accounting Corporate Law cost cost accounting Credit Card CSE Dailymotion DEMAT Account depreciation determinant drawing Driving Education e-accounting earn money Earning Economics Education Education Education Solutions Electrical Skills Electronics Email Energy (physics) Engineering Events Examination Failure Finance Finance Education Finance Solutions financial Financial Accounting FIR Focus on Study Football Forex Forex Trading Skills Fundraiser Gambling Gambling Addiction Goldsmith Google Adsense GST Guest Writers Gurpreet Singh HDFC Bank Health Education Help History Home Building Home Maintenance amp; Repair Home Remedies Course Index Number India Indian Language Infolinks Inspiration insurance internal audit International Finance Internet Internet Forum Investment Jobs amp; Careers Journal journal entries journal entry Kenya Laptop Basics Law Education Law Solutions Learning Lecture Legal Education Linear algebra Linear Programming Malaysia Management Accounting Management Education Management Solutions Marketing Education Mathematics Education matrices MCAT Medical and Surgery Education Mobile motivation MS Excel Music Skills Nepal Nigeria organisation Other Pakistan paypal paytm Personal Finance Philippines Photography Photoshop Software Picture Plumbing Education Probability Profiles Profit provision Quiz real estate rectification rectification of errors Relationships amp; Family Religious Studies Result Sahas Saudi Arabia Saving SBI School Accounting Science Education Secrets of Failure Self Identity Self-Learning Share Market Share Market Dictionary Singing Skills Skating Slideshow Solution Spiritual Education Sports Statistics Statistics Education stock Story Success svtuition Tablet Education Tailoring Skills Tally Tally Solutions Tally.ERP 9 tax Tax Solutions teaching Teaching Education Tech Simplify technical education Test Testimonials Travel Trigonometry tuition TV Shows UK USA variance analysis VAT vector Video Video on Demand videos Vocational Education Wealth Web design website Welding Skills Wife Window Movie Maker Wordpress working capital Yono App Yono Cash Youth youtube zigopay
false
ltr
item
Svtuition: Solution of Debtor Control Account Problem
Solution of Debtor Control Account Problem
Svtuition
https://www.svtuition.com/2013/01/solution-of-debtor-control-account.html
https://www.svtuition.com/
http://www.svtuition.com/
http://www.svtuition.com/2013/01/solution-of-debtor-control-account.html
true
3065238051582539150
UTF-8
Not found any lecture VIEW ALL Learn More Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at vinod@svtuition.org for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock