Opening balance………………………..N10,640
Purchases……………………………..N26,912
Returns inwards………………………..N492
Returns outwards……………………….N810
Cash discount received………………….N1,348
Cash discount allowed…………………..N1,560
Cash paid to suppliers………………….N20,808
A. N22,966
B. N22,156
C. N21,834
D. N21054
Correct Answer: Option A
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