Use the following to answer the given question

Creditors Control Account:
\(\begin{array}{c|c} & & & N \\ \hline Bank & \text{"X"} & \text{Balance b/d} & 1,200 \\ Discount & 30 & \text{"Y"} & 1,800 \\ \text{Balance c/d} & 450 & & \\ \hline & & & & \hline \end{array}\)

How much "X" ?

Similar Questions

Use the following information \(\begin{array}{c|c} & ₦\\ \hline\text{Opening capital} &am...

Administrative, selling and distribution expenses in a manufacturing firm are recorded in ...

When a customer's cheque is returned unpaid in a debtor's control accounting system, the tre...

Ade, Tony, Rose share profit and losses in the ratio of 3 : 2 : 1 respectively. Ade retires and the ...

Which of the following may have been recorded in the cash book and fail to appear in the Bank statem...

When the purchase consideration is lower ttan the net asset, the buyer has gained the advantage of ...

Osa started business with Le 40,000 cash. The accounting entry is debit ...

Which of the following is not a debit item in a creditor's control account? ...

A business which converts raw materials to finished goods prepares ...

A company's authorized share capital was one million ordinary shares at N1 each. Issued 80% of i...