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Closing Creditors ₹ 4,50,000 (including ₹ 1,50,000 due to supplier of new furniture), net Purchase ₹ 36,00,000

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Anurag Pathak28.35K March 12, 2024 0 Comments

Closing Creditors ₹ 4,50,000 (including ₹ 1,50,000 due to supplier of new furniture), net Purchase ₹ 36,00,000. Calculate Trade Payables Turnover Ratio.

[Hint: Creditor for new furniture has been excluded since the enterprise does not deal in furniture.]

Anurag Pathak Changed status to publish March 12, 2024

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Anurag Pathak28.35K Posted March 12, 2024 0 Comments

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Anurag Pathak Changed status to publish March 12, 2024

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

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Closing Creditors ₹ 4,50,000 (including ₹ 1,50,000 due to supplier of new furniture), net Purchase ₹ 36,00,000

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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