Question
The purchases of inventories by GH Stores for 2023 were forecast at R3240000, of which 40% is expected to be on credit. The debtors collection
The purchases of inventories by GH Stores for 2023 were forecast at R3240000, of which 40% is expected to be on credit. The debtors collection period is estimated to be 73 days and the creditors payment is forecasted at 36.5 days. How much is expected to be owed to the creditors at the end of 2023?
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QS 9000 Handbook A Guide To Registration And Audit
Authors: Jayanta Bandyopadhyay
1st Edition
157444011X, 978-1574440119
