During an accounting period, a business buys goods on credit for a total price of 5,000. At

Question:

During an accounting period, a business buys goods on credit for a total price of £5,000. At the start of the accounting period, there are trade payables (creditors) of £400. At the end of the accounting period, there are trade payables (creditors) of £500. What is the amount that will appear in the statement of cash flows as cash outflow to suppliers?

(a) £4,900

(b) £5,100

(c) £5,400

(d) £5,500

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

Question Posted: