The total of the creditors at the beginning of the year was #4600 and at
FINANCIAL
POST UTME UI
The total of the creditors at the beginning of the year was #4600 and at the end of the year #5250. During the year, #26 500 was paid to suppliers and #130 was received in discounts from these suppliers. The purchases for the year would be
- A) #26 630
- B) #27 038
- C) #27 150
- D) #27 280
Correct Answer: D) #27 280
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