Trade creditors account was maintained at 25% of the capital. What was the balance in…

Accounts - Principles of Accounts JAMB 1995

Trade creditors account was maintained at 25% of the capital.

What was the balance in the trade creditors account as at 31/12/92?

  • N 29 800
  • N 29 500
  • N29 400 checkmark
  • N 29 000

The correct answer is: C

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