Use the following to answer the given question


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


The balance of 450 in the above accounts represents

A.

Trading account item

B.

Profit and loss account item

C.

Current asset

D.

Current liability

E.

Provision for discount on creditors

Correct answer is D

No explanation has been provided for this answer.