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Dr J Khumalo is a doctor who has a practice in London. Information relating to medical supplies for the three-month period from 1 January 20X8

Dr J Khumalo is a doctor who has a practice in London. Information relating to medical supplies for the three-month period from 1 January 20X8 to 31 March 20X8 is provided below.

C

Medical supplies unused at 1 January 20X8

290

Accounts payable at 1 January 20X8

350

Medical supplies purchased on credit from1 January 20X8 to 31 March 20X8

2 700

Accounts payable at 31 March 20X8

490

Medical supplies unused at 31 March 20X8

620

  • The accounts payable represent the amounts owing to the supplier.
  • The amounts for medical supplies are material in relation to the practice.

Required

  1. Calculate the amount of the cash paid to the supplier during the three months from 1 January 20X8 to 31 March 20X8.
  2. Calculate the amount of the medical supplies used during the three months from 1 January 20X8 to 31 March 20X8.

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