Use the following information to answer the giv... - WAEC Accounting 2003 Question
Use the following information to answer the given question
\(\begin{array}{c|c} & \text{1st Jan.} & \text{31st Dec.} \ & ₦ & ₦ \ creditors & 4,200 & 5,200 \ stocks & 3,600 & 3,200 \ \text{cash paid to creditors during the year was ₦18,000} \end{array}\)
Purchases for the year was
\(\begin{array}{c|c} & \text{1st Jan.} & \text{31st Dec.} \ & ₦ & ₦ \ creditors & 4,200 & 5,200 \ stocks & 3,600 & 3,200 \ \text{cash paid to creditors during the year was ₦18,000} \end{array}\)
Purchases for the year was
A
₦19,400
B
₦19,000
C
₦18,000
D
₦17,000
correct option: b
Please share this, thanks:
Add your answer
No responses