1. 6.3
THE DEBTORS
SCHEDULE

2. © Michael Allison. Author’s permission required for external use.
6.3 THE DEBTORS SCHEDULE
 At the end of the period a Debtors Schedule is prepared showing the
balances of all debtors...
Debtors Schedule as at 28 February 2015
$
Debtors – M. Bennett [A]
1 /2 Sales/GST 2750 11/2 Cash/Disc Exp 2750
24/2 Sales/GST 220 28/2 Balance 220
2970 2970
1/3 Balance 220
Debtors – A. Griffith [A]
4/2 Sales/GST 1100 19/2 Cash 800
28/2 Balance 300
1100 1100
1/3 Balance 300
Debtors – R. Jones [A]
17/2 Sales/GST 440 23/2 Cash/Disc Exp 440
27/2 Sales/GST 440 28/2 Balance 440
880 880
1/3 Balance 440
Debtors Schedule as at 28 February 2015
$
M. Bennett 220
Debtors Schedule as at 28 February 2015
$
M. Bennett 220
A. Griffith 300
Debtors Schedule as at 28 February 2015
$
M. Bennett 220
A. Griffith 300
R. Jones 440
Debtors Schedule as at 28 February 2015
$
M. Bennett 220
A. Griffith 300
R. Jones 440
Balance of Debtors Control 960
Debtors Control [A]
28/2 Sales/GST 4950 28/2 Cash/Disc Exp 3990
28/2 Balance 960
4950 4950
1/3 Balance 960
Debtors Schedule as at 28 February 2015
$
M. Bennett 220
A. Griffith 300
R. Jones 440
Balance of Debtors Control 960

3. © Michael Allison. Author’s permission required for external use.
 What is the purpose of a Debtors Schedule?
 It is used as a checking mechanism to ensure the balance of total
debtors in the Debtors Control ledger equals the total of all individual
debtor accounts.
Reliability
Information is reliable if it:
• Is free from error and can be checked or verified
6.3 THE DEBTORS SCHEDULE

4. © Michael Allison. Author’s permission required for external use.
TASK
In-class Homework
Ex6.2 X
Ex6.3 X