Closing balance of trade debtors can be ascertained from _____________.
A trade debtor is a customer who hasn't yet paid you for your goods or services. The amount that goes on your business's balance sheet for trade debtors is the sum of all its unpaid invoices as at that point in time.
The debtors control account or total debtors account reflects the total amount owed by all the individual debtors. The balance of the debtor’s control account must equal the total of the debtors’ list, which represents the amounts owed by the individual debtors obtained from the individual balances in the various subsidiary ledger accounts for each debtor. This subsidiary ledger is known as the debtors' ledger.
Closing balance of trade debtors can be ascertained from total debtors account or debtors control account.