Creditors at start was N940 and purchases for the year was N4,060. During the year, cash paid to creditors was N3,890. N490 was received as discount. What is the creditors amount in the balance sheet?
A. N450
B. N620
C. N660
D. N1,110
E. N1,430
Correct Answer:
Option B – N620
Essential Library Resources and Collection Development Importance
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
The Fundamental Objectives of Intellectual Property Rights
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Essential Criteria for Developing an Information Society
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
National Information Infrastructure: Capabilities for Knowledge Accessibility
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Key Concepts in Information Science: A Concise Exploration
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Copyright warnings! Do not copy.
