Question: with working please!! Question 3 You are given the following information in relation to a business for the year ended on 31 December 2020: SOFP
with working please!!
Question 3 You are given the following information in relation to a business for the year ended on 31 December 2020: SOFP extract Trade payables 31 Dec 2020 19,000 31 Dec 2019 11,000 Inventory purchases of 26,000 (all on credit) were made during the year. How much cash was paid to suppliers in relation to inventory purchases during the year ended on 31 December 2020? (4 marks)
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