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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?
  • A. N 29 800
  • B. N 29 500
  • C. N29 400
  • D. N 29 000
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Correct Answer: Option C
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