Accounts - Principles of Accounts Past Questions and Answers

Use the question to answer this question
The following information were extracted from the books of Miliki state

Sinking of bore holesPurchase of Motor carStationeryElectricityPurchase of drugsPurchase of beds

₦2,900,000920,000300,00045,00076,000425,000

Capital expenditure is

The two recognised accounting bases are

Accounting standards are issued at the International level by the

Shares that are offered to existing shareholders at a price is called

Use the information to answer this question
Payment to creditors ₦12,250
Creditors at start ₦550
Creditors at end ₦830
What us the amount of purchase