Use the following information to answer this question.

Cash purchase - D 29,641
Creditors 1/1/14 - D 2,473
Creditors 31/12/14 - D 3,117
Cash paid to creditors - D 127,345
Discount received - D 4,211

The credit purchases is

a

D 161,841

b

D 156,986

c

D 134,673

d

D 132,200

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Correct Option
a

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Babysaxo
6 years ago

TOTAL CREDITORS CONTROL ACCOUNT

D D

Cash paid to Creditors 127,395 Balance b/f 2,473

Discount Received 4,211 Purchases 132,200

Balance c/d 3,117 . .
134,723 134,723😋 The correct option to this question is option D (D132,200) #Babysaxo

Babysaxo
6 years ago

Cash paid to Creditors 127,395 Balance b/f 2,473

Discount Received 4,211 Purchases 132,200

Balance c/d 3,117 . .
134,723 134,723

TOTAL PURCHASES = CREDIT PURCHASES + CASH PURCHASES

Total Purchases = D 132,200 + D 29,641 = D 161, 841

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