Particulars Amount (Rs.) Inventory at the beginning 40,000 Credit Purchase 1,60,000 Inventory at the end 38,000 Trade payable at the beginning 14,000 Trade payable at the end 14,500
Cash paid for inventory is:
| Particulars | Amount (Rs.) |
|---|---|
| Inventory at the beginning | 40,000 |
| Credit Purchase | 1,60,000 |
| Inventory at the end | 38,000 |
| Trade payable at the beginning | 14,000 |
| Trade payable at the end | 14,500 |
Cash paid for inventory is:
Solution
✅ Correct Option: 3
Cash paid to creditors = Opening payables + Credit purchases Closing payables = .
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