Cash paid to creditors can be calculated from
A) debtors account
B) creditors account
C) bills receivable account
D) bills payable account
Correct Answer:
Verified
Q29: Creditors account is prepared to ascertain
A)cash purchases
B)cash
Q30: To find out credit sales which account
Q31: Cash paid to creditors + closing creditors
Q32: Bills receivable as endorsed is debited to
A)creditors
Q33: Bills payable honored during the year will
Q35: Bills payable dishonored during g the year
Q36: Rent and rates are apportioned to different
Q37: The turn over ratio is used for
Q38: Provision for unrealized profit with respect to
Q39: Branch account under debtors system is a
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