01/01/2016   31/12/2016
Trade debtors-------80,000           100,000
Trade creditors-----30,000            40,000
Stock-----------------70,000             90,000

Cheques received from trade debtors in 2016: 350,000
Payment made to trade creditors in 2016: 220,000

Credit purchase for 2016 is?

Similar Questions

The book into which all types of a ministry's expenditure are recorded is the ...

Carriage outward expenses of a business are treated in the  ...

The amount paid by a new partner on admission as a compensation for the reputation built up by old p...

Which of the following items of expense involves actual cash payment? ...

Responsibility accounting is particularly concerned with ...

Given: N               N Capital 200,000 total assets 210,000...

\(\begin{array}{c|c} & ₦ \\ \hline \text{Balance as per cash book} & 18,000\\ \text{Dishon...

Which of the following is used where virement is not possible and where an application for additiona...

The main difference between the ordinary and preference shareholders is that? ...

lubricating oil and spare parts of machines are example of? ...