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

The correct answer is A. present amount that a business owes its suppliers at date

No explanation given
Previous question Next question