WAEC - Accounts Principles Of Accounts (2024 - No. 28)
Use the following information to answer this question.
GH¢
Trade creditors 1/1/2022 35,000
Payment to suppliers in 2022 30,000
Discounts received 1,800
Trade creditors 31/12/2022 24,000
The purchases for 2022 is
GH¢ 90,800.
GH¢ 55,800.
GH¢ 39,200.
GH¢ 20,800.
Explanation
| GH¢ |
GH¢ |
||
|
Payment to supplier Discount received Bal c/d
|
30,000 1,800 24,000 55,800 |
Bal b/d Purchases
|
35,000 20,800 ——— 55,800 |
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