Use the following to answer the given question

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

"Y" represents

Similar Questions

Credit notes received are source documents for........ ...

Goods from head office................N13,400 Returns to head office ...............N118 Rates and...

A trial balance is prepared to ...

\(\begin{array}{c|c} & ₦ \\ \hline \text{Opening stock of raw materials} & 24,750\\ \tex...

In the absence of a partnership deed, the act stipulates that ...

Programs installed in computers to facilitate processing of data are ...

The two legally recognized professional accounting bodies in Nigeria are the ...

Which of the following accounts would appear in the nominal ledger?  i. Sanison's account(...

\(\begin{array}{c|c} & Ade(N) & Bola(N) \\ \hline Capital & 40,000 & 30,000 \\ \hlin...

  ₦ Manufacturing wages 42000 ...