Purchases on credit during year 3 amount to pound20m the


Purchases on credit during Year 3 amount to £20m. The trade payables (creditors) at the start of Year 3 were £6m. The trade payables (creditors) at the end of Year 3 were £4m. What is the amount of cash paid to suppliers during Year 3?

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Accounting Basics: Purchases on credit during year 3 amount to pound20m the
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