Prepare the bills payable account from the following and find out missing figure if any 3 ...........

Accountancy (11th) Chapter-11 Accounts from Incomplete Records

Prepare the bills payable account from the following and find out missing figure if any : (3 marks)

	Rs
Bills accepted	1,05,000
Discount received	17,000
Purchases returns	9,000
Return inwards	12,000
Cash paid to accounts payable	50,000
Bills receivable endorsed to creditor	45,000
Bills dishonoured	17,000
Bad debts	14,000
Balance of accounts payable (closing)	85,000
Credit purchases	2,15,000