Home For AAT student members General AAT student discussion

Trade debtors control account

Tanya669Tanya669 New MemberRegistered Posts: 5
If any one could axplain to me in what circumstances would a non trade debtors control account be used?


  • Paul24Paul24 Experienced Mentor Registered Posts: 578
    VAT Control Account
    Wages Control Account

  • columbiacolumbia Experienced Mentor Registered Posts: 580

    A rent account would be a good example, I vaguely remember being asked this on my Foundation paper a few years ago.

    You may have spare premises to rent out, so a non-trade debtors account would be set up to show the rental transactions. It wouldn't be a trade debtors account as it's most likely the monies being paid in rental have no bearing on the products being sold by the company.

    Hope this helps!

Sign In or Register to comment.