Following is the comparative information of PQ Ltd. for 2 consecutive years : 31st March 2020 31st March 2021 ₹ ₹ Inventory 10,00,000 6,00,000 Accounts Payable 24,00,000 30,00,000 Cost of Goods Sold — 1,00,00,000 Based o
CS Executive · Corporate and Management Accounting · PYQS · December 2021
Following is the comparative information of PQ Ltd. for 2 consecutive years : 31st March 2020 31st March 2021 ₹ ₹ Inventory 10,00,000 6,00,000 Accounts Payable 24,00,000 30,00,000 Cost of Goods Sold — 1,00,00,000 Based on the above information, the net cash paid to supplier of inventory during the year ended on 31st March 2021 is:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Cash Flow Statement
Related Questions in this Topic
- Estimated wages for January month is ₹ 8,000 and for February month ₹ 8,800. If the delay in payment of wages is 1/2 mon...
- Investing activities refers to the activities pertaining to the acquisition and disposal of:
- On the basis of the Q. No. 56, calculate the amount of cash from financing activities.
- On the basis of the Q. No. 56, calculate the amount of cash from investing activities.
- The following information is available : Particulars Amount in ₹ Opening cash balance 10,000 Closing cash ...