What us the amount of purchase

Use the information to answer this question

Payment to creditors ₦12,250
Creditors at start ₦550
Creditors at end ₦830

What us the amount of purchase

A

₦11,970

B

₦11,000

C

₦1,250

D₦12,053

Answer is C

Payment to creditors + Creditors at end – Creditors at start

= 12,250 + 830 – 550
= 13,080 – 550
= ₦12,530

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