The balance on a purchase ledger control account represents the?

The balance on a purchase ledger control account represents the?
  • A.
    present amount that a business owes its suppliers at date
  • B.
    total credit avaiable to the end of the year to be utilized in future
  • C.
    total credit the business enjoyed for the particular year from its suppliers
  • D.
    total credit owd the business by its customers
Correct Answer: Option A
Explanation
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