Opening creditors was N65,000, closing creditors was N41,000. Credit purchases was N200,000 and discount received…

Accounts - Principles of Accounts WAEC 2003

Opening creditors was N65,000, closing creditors was N41,000. Credit purchases was N200,000 and discount received N3,000. How much was paid to creditors?

  • ₦262,000
  • ₦224,000
  • ₦221,000 checkmark
  • ₦176,000

The correct answer is: C

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment