Use the information to answer this question Payment to creditors #12,250 Creditors at start #550
FINANCIAL
JAMB 2019
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
Correct Answer: A. #11,970
Explanation
12,250 + 550 - 830 = 13,080 - 830 = #11,970
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