What us the amount of purchase?

Use the information to answer this question.

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

A. ₦11,970
B. ₦11,000
C. ₦1,250
D. ₦12,053

Correct Answer: Option C

Explanation

12,250 + 830 – 550
13,080 – 550
₦12,530