Accounts > 2019 > 6

WASSCE


Use the following information to answer this question


Trade creditors
Stock
01/01/17

630,000
540,000
31/12/17

780,000
480,000

Cash paid to trade creditors in 2017 was ₦2,700,000.


Purchases for 2017 was

A.
₦3,480,000
B.
₦2,850,000
C.
₦2,700,000
D.
₦2,550,000

Answer: B

To see detailed solution to this question and thousands of other questions offline, download TestDriller SSCE. Practice rigorously for WASSCE, enjoy educational games, get chief examiners' reports, summary of WAEC literature books, compete with your peers, win prizes and more.

Similar Questions

Practice with the best CBT software

Learn with innovative tools and excel in your forth-coming exam