If creditors at 1110 were Le 3,000; creditors at 31/12/10 Le 5,500 and payments to creditors Le 29,000. The purchases figure for 2010 is
-
A.
Le 34,500 -
B.
Le 32,000 -
C.
Le 31,500 -
D.
Le 26,500
Correct Answer: Option C
Explanation
29000 – 3000 = 26000
26000 + 5500 = 31500