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Find out the credit purchases from the following: (3 marks)
Rs
Balance of creditors April 01, 2016
45,000
Balance of creditors March 31, 2017
36,000
Cash paid to creditors
1,80,000
Cheque issued to creditors
60,000
Cash purchases
75,000
Discount received from creditors
5,400
Discount allowed
5,000
Bills payable given to creditors
12,750
Return outwards
7,500
Bills payable dishonoured
3,000
Bills receivable endorsed to creditors
4,500
Bills receivable endorsed to creditors dishonoured
1,800
Return inwards
3,700
By: santosh ProfileResourcesReport error
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