Opening creditors was N65,000, closing creditors was N41,000. Credit purchases was N200,000 and discount received N3,000. How much was paid to creditors?
A ₦262,000
B ₦224,000
C ₦221,000
D ₦176,000
Answer is C
Tutors, Past Questions and Projects.
Opening creditors was N65,000, closing creditors was N41,000. Credit purchases was N200,000 and discount received N3,000. How much was paid to creditors?
A ₦262,000
B ₦224,000
C ₦221,000
D ₦176,000
Answer is C
