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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