From the Information Given Below You are Required to Calculate the Cash Paid for the Inventory

From the information given below you are required to calculate the cash paid for the inventory:

Particulars	(Rs)
Inventory in the beginning	40,000
Credit Purchases	1,60,000
Inventory in the end	38,000
Trade payables in the beginning	14,000
Trade payables in the end	14,500

Trade Payables Account

Date	Particulars	J.F.	Amount Rs	Date	Particulars	J.F.	Amount Rs
	Cash (Balancing fig.)		1,59,500		Balance b/d		14,000
	Balance c/d		14,500		Purchases		1,60,000
			1,74,000				1,74,000

Cash paid for Inventory amounts to Rs 1,59,500

Chapter-6 Cash Flow Statement

 1 2 3 4 5