By year-end, the debit balance on a sales ledger control account stood at $\$15000$. It was subsequently found that, when a customer owing the business $\$500$ made payment, she deducted a cash discount of $\$20$. This had been entered correctly in the discount column of the cash book, and the full $\$500$ was recorded in the bank column. Which value for trade receivables ought to be shown in the statement of financial position?
- A$\$14520$
- B$\$14980$
- C$\$15000$
- D$\$15020$