Accounts > 2008 > 46
WASSCE
Use the following information to answer this question.
| ₦ | |
| Opening debtors | 40 000 |
| Opening creditors | 30 000 |
| Credit sales | 100 000 |
| Credit purchases | 80 000 |
| Bad debts | 5 500 |
| Sell offs | 65 500 |
Closing creditors figure is
A.
₦115,500
B.
₦110,000
C.
₦95,500
D.
₦44,500
Answer: D
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