Use the information below to answer question . Purchases ledger opening balances N4,000 Sales ledger opening balances N6,000 Credit purchases during the year N25,000 Discounts allowed N1,000 Returns inwards N2,000 Credit sales during the year N10,000 Returns outwards N6,000
What is the purchases ledger balance?

A. N4,000
B. N23,000  
C. N24,000
D. N29,000

Show Answer Show Explanation

Correct Answer: B