Use the following to answer the given question Creditors Control Account: (begin{array}{c|c} & & &…

Use the following to answer the given question
Creditors Control Account:
(begin{array}{c|c} & & & N \ hline Bank & text{“X”} & text{Balance b/d} & 1,200 \ Discount & 30 & text{“Y”} & 1,800 \ text{Balance c/d} & 450 & & \ hline & & & & hline end{array})
How much “X” ?
  • A.
    N3,480
  • B.
    N2,520
  • C.
    N1,800
  • D.
    N1,320
  • E.
    N1,200
Correct Answer: Option B
Explanation
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