Use the following information to answer this question
₦
Creditors (01/01/19) 223,000
Creditors (31/12/19) 316,000
Credit purchases 1,426,000
Discount received 64,000
Company's cheque dishonoured 90,000
Amount owed to creditors on 31/12/19 is
₦406,000
₦342,000
₦316,000
₦226,000
Correct answer is C
No explanation has been provided for this answer.