6.Creditors on 01-01-2013 - Rs.80,000 and on 31-12-2013 - Rs.65,000 cash paid to creditors - Rs.1,10,000. Find out the credit purchases during the year 2013 was Rs.________ (a) Rs.1,95,000 (b) Rs.95,000 (c) Rs.1,50,000 (d) Rs.1,60,000
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Answer:
I CAN'T UNDERSTAND YOUR QUESTION
Explanation:
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Answered by
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Answer :
(b) 95000 is the right answer
Explanation:
Because creditors paid is 15000(80000-65000=15000)
and amount paid to creditors here is 1,10,000
so remaining amount is 95000
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