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 is the creditors amount in the balance sheet?

  • A. #550
  • B. #12,250
  • C. #12,530
  • D. #830

Correct Answer: D. #830

Explanation

The creditors at end figure is used for the balance sheet.



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