JAMB Principles of Accounts 1998 Question 23

Determine the year's purchases from the following information relating to a firm
(₦)
Total creditor's b/f 7,200
Total cash payments to suppliers 98,800
Total creditors c/f 8,400

1. A.₦7,200
2. B.₦98,800
3. C.₦100,000
4. D.₦105,200.