What is the creditors amount in the balance sheet?

By: |Published on: Jan 10|Categories: Accounting WAEC| 0 comments

Use the information to answer this question.

Payment to creditors ₦12,250
Creditors at start ₦550
Creditors at end ₦830

 

A. ₦550
B. ₦12,250
C. ₦12,530
D. ₦830

Correct Answer: Option D

D. ₦830

Explanation

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

Users Also Read These:

SEE ALSO  Which of the following is not credited to debtors control account?

Copyright warnings! Do not copy.