Question on: JAMB Accounting - 1998
Determine the year''s purchase from the following information relating to a firm.
Total creditor''s b/f N 7,200
Total cash payment to suppliers N 98,800
Total creditors c/f N 8,400
Total creditor''s b/f N 7,200
Total cash payment to suppliers N 98,800
Total creditors c/f N 8,400
A
N7,200
B
N98,800
C
N100,000
D
N105,800
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Correct Option: C
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