Payment to creditors ₦12,250
Creditors at start ...
Payment to creditors ₦12,250
Creditors at start ₦550
Creditors at end ₦830
What is the creditors amount in the balance sheet?
₦550
₦12,250
₦12,530
₦830
Correct answer is D
The creditors at end figure is used for the balance sheet.
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Incomplete Record (Extract) Sales......................................N10,600 Rent................