Given:
Cash purchases …………………………N25000
Trading creditors……………………….N45000
Opening balance of trade creditors………..N35000
Calculate the purchases for the period?
A N80,000
B N35,000
C N105,000
D N70,000
Answer is D
Tutors, Past Questions and Projects.
Given:
Cash purchases …………………………N25000
Trading creditors……………………….N45000
Opening balance of trade creditors………..N35000
Calculate the purchases for the period?
A N80,000
B N35,000
C N105,000
D N70,000
Answer is D