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(Calculation of Total Purchases). From the following information, calculate Total Purchases: |{:(,"Rs."),("Opening Balance of Bills Payable","15,000"),("Opening Balance of Creditors","18,000"),("Closing Balacne of Bills Payable","21,000"),("Closing Balacne of Creditors","12,000"):}||{:(,"Rs."),("Cash Paid to Creditors during the year","90,600"),("Bills Payable Dischargod during the year","26,700"),("Pruchases Return","3,600"),("Cash Purchases","77,400"):}| |
Answer» SOLUTION : TOTAL PURCHASES = CASH Purchases = RS. 77,400 + Rs. 1,20,900 = Rs. 1,98,300. |
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