Accounting 0452 · IGCSE · Other payables and other receivables

Other payables and other receivables — practice question

Abdul acquires all of his machinery on credit. He gave the following details: On 30 April 2020: machinery at cost $30000; amounts owed to suppliers of machinery $19000. On 30 April 2021: machinery at cost $42000; amounts owed to suppliers of machinery $?. Over the year Abdul paid $25000 to the suppliers of his machinery. How much was still owed to them on 30 April 2021?

  • A$6000
  • B$13000
  • C$17000
  • D$32000

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