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     EduGorilla 
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    Balance
    of creditors on 1st Jan, 2012 -Rs.60,000, Cash paid to creditors –
    Rs.2,40,000, Cheques issued to creditors -Rs.80,000, Returns outwards
    -Rs.10,000, Discount received from creditors – Rs.7,200, B/P given to
    creditors -Rs.17,000, B/P dishonored -Rs.4,000, B/R endorsed to creditor
    – Rs.6,000, B/R endorsed to creditors dishonored – Rs.2,400, Credit
    purchases -Rs.3,41,800. Find out creditor at the end

    Options :-

    1. Rs.42000

    2. Rs.45000

    3. Rs.48000

    4. Rs.50000

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Reply To: Balance of creditors on 1st Jan, 2012 -Rs.60,000, Cash paid to creditors – Rs.2,40,000, Cheques is….
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