Accounting 0452 · IGCSE · Incomplete records

Incomplete records — practice question

The trader did not maintain a full set of accounts. The details for the year are given below. Opening trade payables: $5000 Closing trade payables: $9800 Payments to credit suppliers: $35000 Cash discounts received: $3000 Find the purchases for the year.

  • A$30200
  • B$36800
  • C$39800
  • D$42800

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