From the following information calculate total purchases: (Rs.) Cred

1.	From the following information calculate total purchases: (Rs.) Creditors Jan 1, 2005 30,000Creditors Dec 31, 2005 20,000Openining balance of Bills Payable 25,000Closing balance of Bills Payable 35,000Cash paid to Creditors1,51,000Bills discharged 44,000Cash purchase1,29,000Return outwards 6,000
Answer» From the following information calculate total purchases: $\begin{matrix} (Rs.) Creditors Jan 1, 2005 & 30, 000 Creditors Dec 31, 2005 & 20, 000 Openining balance of Bills Payable & 25, 000 Closing balance of Bills Payable & 35, 000 Cash paid to Creditors & 1, 51, 000 Bills discharged & 44, 000 Cash purchase & 1, 29, 000 Return outwards & 6, 000 \end{matrix}$

From the following information calculate total purchases: (Rs.) Creditors Jan 1, 2005 30,000Creditors Dec 31, 2005 20,000Openining balance of Bills Payable 25,000Closing balance of Bills Payable 35,000Cash paid to Creditors1,51,000Bills discharged 44,000Cash purchase1,29,000Return outwards 6,000

Answer»

From the following information calculate total purchases:

$\begin{matrix} (Rs.) Creditors Jan 1, 2005 & 30, 000 Creditors Dec 31, 2005 & 20, 000 Openining balance of Bills Payable & 25, 000 Closing balance of Bills Payable & 35, 000 Cash paid to Creditors & 1, 51, 000 Bills discharged & 44, 000 Cash purchase & 1, 29, 000 Return outwards & 6, 000 \end{matrix}$

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From the following information calculate total purchases: (Rs.) Creditors Jan 1, 2005 30,000Creditors Dec 31, 2005 20,000Openining balance of Bills Payable 25,000Closing balance of Bills Payable 35,000Cash paid to Creditors1,51,000Bills discharged 44,000Cash purchase1,29,000Return outwards 6,000

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