The total of the creditors at the beginning of the year was N4,600 and at...
FINANCIAL
JAMB 1997
The total of the creditors at the beginning of the year was N4,600 and at the end of the year N5,250. During the year, N26,500 was paid to suppliers and N130 was received in discounts from these suppliers. The purchases for the year would be
- A. N26,630
- B. N27,038
- C. N27,150
- D. N27,28
Correct Answer: A. N26,630
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