Question 0

The total of the creditors at the beginning of the year was N4,600 and at the end of the year N5,250. During the year, N26,500 was paid to suppliers and N130 was received in discounts from these suppliers. The purchases for the year would be

  • A.N26,630
  • B.N27,038
  • C.N27,150
  • D.N27,280
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
1997
Question no.
#0
Type
Objective

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