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  9. Q20
Question 20

Creditors at start was N940 and purchases for the year was N4,060. During the year, cash paid to creditors was N3,890. N490 was received as discount. What is the creditors amount in the balance sheet?

  • A.N450
  • B.N620
  • C.N660
  • D.N1,110
  • E.N1,430
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1994
Question no.
#20
Type
Objective
Previous · Q19Which of the following is not true of a partnership business without written… Next · Q21 A cheque drawn for N1200 was entered in the cash book as a receipt. The…

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