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How much was credit purchases for the month of July 2022?

How much was credit purchases for the month of July 2022?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Balance as at July 1, 2022: Trade payables Trade receivables Totals for the month: Cash purchases Cash sales Payments to creditors Cash received from debtors Discounts received Discounts allowed Returns outwards Returns inwards Set of against both ledgers Balance as at July 31, 2022: Trade payables Trade receivables 45,000 73,000 200,000 350,000 180,000 286,000 28,000 32,000 17,000 12,000 9,000 56,000 35,000 How much was credit purchases for the month of July 2022?
Transcribed Image Text:Balance as at July 1, 2022: Trade payables Trade receivables Totals for the month: Cash purchases Cash sales Payments to creditors Cash received from debtors Discounts received Discounts allowed Returns outwards Returns inwards Set of against both ledgers Balance as at July 31, 2022: Trade payables Trade receivables 45,000 73,000 200,000 350,000 180,000 286,000 28,000 32,000 17,000 12,000 9,000 56,000 35,000 How much was credit purchases for the month of July 2022?
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