The purchases ledger control account showed a credit balance of N525 000 on April 30, 2006. This amount shows?

The purchases ledger control account showed a credit balance of N525 000 on April 30, 2006.
This amount shows?

A what the debtor of a business enterprise owed the business

B the total amount which each debtor owed the business

C what a business enterprise owed its creditors

D the amount whicih a business enterprise owed creditor

Answer is C

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link