Question:
Particulars
Amount (₹)
Inventory at the beginning 40,000 Credit Purchase 1,60,000 Inventory at the end 38,000 Trade payable at the beginning 14,000 Trade payable at the end 14,500
Cash paid for inventory is:
Particulars | Amount (₹) |
|---|---|
| Inventory at the beginning | 40,000 |
| Credit Purchase | 1,60,000 |
| Inventory at the end | 38,000 |
| Trade payable at the beginning | 14,000 |
| Trade payable at the end | 14,500 |
Cash paid for inventory is:
Updated On: Apr 19, 2024
- ₹1,59,000
- ₹1,60,000
- ₹1,59,500
- ₹1,60,500
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The Correct Option is C
Solution and Explanation
The correct option is (C): ₹1,59,500
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