Question
Mr. D. Duck, a sole trader has not maintained proper accounting records during the year. He provides you with bank statements that show payments to
Mr. D. Duck, a sole trader has not maintained proper accounting records during the year. He provides you with bank statements that show payments to suppliers of €86,167. You determine that the opening trade payables balance was €7,302 and the closing figure was €8,205. Cash purchases during the. year were €3,869.
What figure should be used for purchases for the year?
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Amount of total purchase for the year cash purchase during the ...
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Taxation For Decision Makers 2014
Authors: Shirley Dennis Escoffier, Karen Fortin
6th Edition
978-1118654545
