The purchases ledger control account showed a credit balance of N525 000 on April 30, 2006.
This amount shows?

A.

What the debtor of a business enterprise owed the business

B.

The total amount which each debtor owed the business

C.

What a business enterprise owed its creditors

D.

The amount which a business enterprise owed creditor

Correct answer is C

No explanation has been provided for this answer.