Accounting for IGCSE & O level - Preparation Of Financial Statements (Section 13 - No. 41)

Which of the following would be used in calculating the total credit purchases?

Opening and Closing trade receivables and cash paid to suppliers

Opening and closing balance for trade payables and cash paid to suppliers

Opening and Closing trade receivables and cash received from customers

Opening and closing balance for trade payables and cash received from customers

Credit purchases are calculated by analyzing payables and payments made to suppliers