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
D 161,841
D 156,986
D 134,673
D 132,200
Explanation
No explanation available
Video Explanation
No video available
Post your Contribution
Discussions (2)

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

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

