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Amin Ltd. Creditor Ledger Control Account (Extracts)Beginning control account Ba...


Question

Amin Ltd. Creditor Ledger Control Account (Extracts)

Beginning control account

Balance: Debit 32,000

Credit 61,000

Purchases during the year:

Cash 30,000

Credit 60,000

Payment to suppliers:

Cash 13,000

Cheque 29,000

Debtor's contra 6,000

The closing control account balance is

Options

A)
₦41,000
B)
₦65,000
C)
₦71,000
D)
₦77,000

The correct answer is A.


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