The term “sundry creditors” has been replaced with the term _____

Trade payables

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Short term borrowings

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Trade receivables

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All of these

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Solution

The correct option is A
Trade payables

The term “sundry creditors” has been replaced with the term trade payables

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Similar questions

The term “sundry debtors” has been replaced with the term ..........

Trade payables turnover ratio is expressed in terms of ___

Trade receivables turnover ratio is expressed in terms of ___

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