ACCOUNTING

JAMB 2016 - Question 48

Account 2016 JAMB Past Questions - Question 48: \begin{array}{c|c}  Creditors & 3,000 & 4,000 \\  \hline  Debtors & ___ & 6,000 \\ \hline \text{Cash received from debtors} & ___ & 35,000 \\ \hline \text{cash paid to suppliers} & ____ & 25,000 \\ \hline \text{Discount allowed} & _____ & 4,000 \\ \hline \text{Discount received} & _____ & 4,200 \\ \end{array} What is the total purchase for the period?

Choose the most appropriate option for the gap .
\begin{array}{c|c}  
Creditors & 3,000 & 4,000 \\  
\hline  
Debtors & ___ & 6,000 \\
\hline
\text{Cash received from debtors} & ___ & 35,000 \\
\hline
\text{cash paid to suppliers} & ____ & 25,000 \\
\hline
\text{Discount allowed} & _____ & 4,000 \\
\hline
\text{Discount received} & _____ & 4,200 \\
\end{array}
What is the total purchase for the period?
A:
B:
C:
D:
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Correct Answer

A

Explanation