Use the following to answer the given question

Creditors Control Account:

Bank ………… “X”, ——— balance b/d ………. #1,200

Discount ……. 30, ——— “Y” …………………… #1,800

 

“Y” represents

A. sales

B. purchases

C. returns outwards

D. return inwards

E. discount allowed

Correct Answer: Option B

B. purchases