Purchases on credit during Year 3 amount to 20m. The trade payables (creditors) at the start of
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Purchases on credit during Year 3 amount to £20m. The trade payables (creditors) at the start of Year 3 were £6m. The trade payables (creditors) at the end of Year 3 were £4m. What is the amount of cash paid to suppliers during Year 3?
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Financial And Management Accounting An Introduction
ISBN: 9780273718413
5th Edition
Authors: Pauline Weetman
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