Find out the credit purchases from the following:
|
Rs |
Balance of creditors April 01, 2016 |
45,000 |
Balance of creditors March 31, 2017 |
36,000 |
Cash paid to creditors |
1,80,000 |
Cheque issued to creditors |
60,000 |
Cash purchases |
75,000 |
Discount received from creditors |
5,400 |
Discount allowed |
5,000 |
Bills payable given to creditors |
12,750 |
Return outwards |
7,500 |
Bills payable dishonoured |
3,000 |
Bills receivable endorsed to creditors |
4,500 |
Bills receivable endorsed to creditors dishonoured |
1,800 |
Return inwards |
3,700 |
Creditors Account |
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Dr. |
Cr. |
|||
Particulars |
Amount Rs |
Particulars |
Amount Rs |
|
Cash |
1,80,000 |
Balance b/d |
45,000 |
|
Bank |
60,000 |
B/P (dishonoured) |
3,000 |
|
Discount Received |
5,400 |
B/R (dishonoured) |
1,800 |
|
B/P (accepted) |
12,750 |
|
|
|
Return Outwards |
7,500 |
Purchases – credit |
|
|
B/R (endorsed to creditors) |
4,500 |
(Balancing figure) |
2,56,350 |
|
Balance c/d |
36,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3,06,150 |
|
3,06,150 |
|
|
|
|
|
|
Credit Purchases Rs 2,56,350