Question
Accountancy Question on Cash Flow Analysis
| Particulars | Amount (₹) |
|---|---|
| Inventory at the beginning | 40,000 |
| Credit Purchase | 1,60,000 |
| Inventory at the end | 38,000 |
| Trade payable at the beginning | 14,000 |
| Trade payable at the end | 14,500 |
Cash paid for inventory is:
A
₹1,59,000
B
₹1,60,000
C
₹1,59,500
D
₹1,60,500
Answer
₹1,59,500
Explanation
Solution
The correct option is (C): ₹1,59,500