Cash outflow on purchases is calculated by
A. Purchases + Opening Creditors + Opening B/P – Closing Creditors - Closing B/P B. Purchases + Opening Creditors - Closing Creditors + Closing B/P
C. Purchases - Opening Creditors - Opening B/P + Closing Creditors + Closing B/P D. None of the above

1 Answer

Answer :

A. Purchases + Opening Creditors + Opening B/P – Closing Creditors - Closing B/P

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