Use the information below to answer the question that follows$\begin{array}{c|c} Creditors & 3,000 & 4,000 \ \hline Debtors & ___ & 6,000 \\hline\text{Cash received from debtors} & ___ & 35,000 \\hline\text{cash paid to suppliers} & ____ & 25,000 \\hline\text{Discount allowed} & _____ & 4,000 \\hline\text{Discount received} & _____ & 4,200 \\end{array}$What is the total purchase for the period?

Question

Use the information below to answer the question that follows$\begin{array}{c|c} Creditors &amp; 3,000 &amp; 4,000 \ \hline Debtors &amp; ___ &amp; 6,000 \\hline\text{Cash received from debtors} &amp; ___ &amp; 35,000 \\hline\text{cash paid to suppliers} &amp; ____ &amp; 25,000 \\hline\text{Discount allowed} &amp; _____ &amp; 4,000 \\hline\text{Discount received} &amp; _____ &amp; 4,200 \\end{array}$What is the total purchase for the period?

Lessonnotes Admin · Accepted Answer

The answer is C. N25,000.