Complete and balance the Debtors Control Account on 31 May 2017 from the following information: € Debtors balance on 1 May 2017 1,700 Total cash received from debtors in May 2,100 Total credit sales for May 9,400 Dr Debtors Control Account Cr Date Details € Date Details € OR (Alternative Format) Debtors Control Account Date Details Dr Cr Balance € € € - Junior Cycle Business Studies - Question 7 - 2018

Next, we need to account for all credit sales made during the month of May. These total €9,400 and will be recorded in the credit sales column as follows:

Dr	€
May 31	Sales	9,400

We also have the total cash received from debtors during the month, which is €2,100. This will be recorded as a credit (Cr) entry in the account:

Cr	€
May 31	Cash/bank	2,100

To balance the account, we need to calculate the total balance. We add the debit side entries:

• €1,700 (balance b/d)
• €9,400 (sales)

Total Debits = €1,700 + €9,400 = €11,100

Then we subtract the credit side entry:

Total Credits = €2,100

The balance at the end of May will be:

Total Debtors = Total Debits - Total Credits = €11,100 - €2,100 = €9,000

Thus, on June 1, we will have:

Cr	€
June 1	Balance b/d	9,000

This completes the Debtors Control Account for May 2017.