During an accounting period, a business purchases goods on credit for a total purchase price of 4,000.

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During an accounting period, a business purchases goods on credit for a total purchase price of £4,000. At the start of the accounting period, there are trade payables (creditors) of £800. At the end of the accounting period, there are trade payables (creditors) of £600. What is the amount that will appear in the statement of cash flows as cash outflow to suppliers?

(a) £3,200

(b) £3,800

(c) £4,200

(d) £4,800 

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Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

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