Question on: JAMB Accounting - 2019
Use the information to answer this question
Payment to creditors ₦12,250
Creditors at start ₦550
Creditors at end ₦830
What us the amount of purchase
A
₦11,970
B
₦11,000
C
₦1,250
D
₦12,053
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Correct Option: C
Payment to creditors + Creditors at end - Creditors at start
= 12,250 + 830 - 550
= 13,080 - 550
= ₦12,530
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