25. Creditors Account is prepared to find out the-
a. Amount of Bills Payable
b. Amount of Bills Receivable
C. Amount of B/R dishnoured
d. Amount received against B/R
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It is quite possible that some other information related to creditors may also be missing. Therefore, by preparing the total creditors account, a proforma of which is given in figure 11.4, credit purchases or any other missing figure related to creditors, as the case may be, can be ascertained as the balancing figure
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