Accountancy, asked by kelageriavinash, 10 months ago

What is the answers tell me plz

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Answered by pranabkumarswain98
1

Explanation:

1.creditors: creditor could be a bank, supplier or person that has provided money, goods, or services to a company and expects to be paid at a later date.

2. purchases: This measurement determines how payments are made to vendors. The calculation is the amount of purchasedivided by the company's total in the accounts payable ledger.

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Answered by unknowngirl94
3

Answer:

1).creditors means ...the one who had took our loan or the one has to pay loan..

purchases means.....aquire something

by paying...

Explanation:

2) objectives of accounting are::...

financial accounting is to accurately prepare an organization's final accounts for a specific period, otherwise known as financial statements.

The three primary financial statements are the income statement, the balance sheet and the statement of cash flows.

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