Determine the year”s purchase from the following information relating to a firm.

Determine the year”s purchase from the following information relating to a firm.

Total creditor”s b/f N 7,200
Total cash payment to suppliers N 98,800
Total creditors c/f N 8,400

A N7,200

B N98,800

C N100,000

D N105,800

Answer is C

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