The following information is extracted from the final accounts of a business. What is the period taken
Question:
The following information is extracted from the final accounts of a business.
What is the period taken to pay the creditors?
A. 31 days
B. 32days
C. 34 days
D. 35 days
Transcribed Image Text:
Opening stock Purchases (all on credit) Closing stock Creditors at end of year 6 000 220 000 28 000 21 096
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