Amin Ltd. Creditor Ledger Control Account (Extracts)
Beginning control account
Balance: Debit 32,000
Credit 61,000
Purchases during the year:
Cash 30,000
Credit 60,000
Payment to suppliers:
Cash 13,000
Cheque 29,000
Debtor’s contra 6,000
A. N 41,000
B. N65,000
C. N71,000
D. N77,000
Correct Answer:
Option A – N 41,000
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