Use the following information to answer the question
$ | |
Trade creditors (31/12/2020) |
4,000 |
Paid for purchases in 2021: Cheques | 110,000 |
Carriage inwards | 1,000 |
Trade creditors (31/12/2021) | 6,000 |
The total purchase in 2021 is
Use the following information to answer the question
$ |
|
Trade creditors (31/12/2020) |
4,000 |
Paid for purchases in 2021: Cheques | 110,000 |
Carriage inwards | 1,000 |
Trade creditors (31/12/2021) | 6,000 |
The balance c/d on trade creditors will be recorded in the balance sheet as
In the final account of a limited liability company, debenture interest paid is recorded in the
Suppliers' personal account are found in the
One of the internal users of accounting information is the