Use the following to answer the given question
...
Use the following to answer the given question
Creditors Control Account:
NBank"X"Balanxe b/d1,200Discount30"Y"1,800Balance c/d450
The balance of 450 in the above accounts represents
Trading account item
Profit and loss account item
Current asset
Current liability
Provision for discount on creditors
Correct answer is D
No explanation has been provided for this answer.
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