Credit purchases are always put at 150% of the total cash paid to suppliers Calculate...

JAMB 2003

Credit purchases are always put at 150% of the total cash paid to suppliers

Calculate the closing balance of the ledger account

A. N6 900
B. N6400
C. N5000
D. N4000

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Correct Answer: Option C

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Credit purchases are always put at 150% of the total cash paid to suppliers Calculate...

Correct Answer: Option C

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