Use the following information to answer the given question (begin{array}{c|c} & N \ hline text{Balance…

Use the following information to answer the given question
(begin{array}{c|c} & N \ hline text{Balance brought forward} & 500Cr \ text{Amount paid to suppliers} & 12,000 \ text{Returns outwards} & 150 \ text{Balance carried forward} & 650 Cr end{array})
What is the value of purchases?
  • A.
    N12,800
  • B.
    N12,650
  • C.
    N12,300
  • D.
    N12,150
  • E.
    N12,000
Correct Answer: Option C
Explanation
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