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?
a
₦262,000
b
₦224,000
c
₦221,000
d
₦176,000
Explanation
Correct Option
cNo explanation available
Video Explanation
No video available
Post your Contribution
Share:
Discussions (1)
Mandylovesyah
2 years ago
(opening creditors + credit purchases) - (closing creditors+discount received)
(65000 + 200000) - (41000 + 3000)
= 221000
