A summary of the entries in the Cash ledger account of Staple Ltd for the month of January was as follows:
- What were the payments to suppliers and employees of Staple Ltd?
A) $45 000
B) $55 000
C) $80 000
D) $30 000

Question

A summary of the entries in the Cash ledger account of Staple Ltd for the month of January was as follows: 
- What were the payments to suppliers and employees of Staple Ltd?
A) $45 000 
B) $55 000 
C) $80 000 
D) $30 000

Quizplus · Accepted Answer

After examining the entries in the Cash ledger account for the month of January, it can be seen that the total payments made to suppliers and employees are $45,000. This can be calculated by adding up the amounts under the headings "Payments to Suppliers" and "Payments to Employees," which are $25,000 and $20,000 respectively. Therefore, Choice A is the correct answer.

A Summary of the Entries in the Cash Ledger Account