Determine the year''s purchase from the following information relating to a firm.
Total creditor''s b/f N 7,200
Total cash payment to suppliers N 98,800
Total creditors c/f N 8,400
a
N7,200
b
N98,800
c
N100,000
d
N105,800
Explanation
Correct Option
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MLAWAL01
6 years ago
Total cash payment to suppliers N 98,800-Total creditor''s b/f N 7,200+Total creditors c/f N 8,400=N100,000

