Business, 28.04.2021 20:10 poreally6456
Liverpool football Club presented the following details as at 1 January 2020,
Bar inventory shs 185,840
Debtors for bar sales shs 62,550
Bar staff salary arrears shs 26,800
Creditors for bar supplies shs 129,780
Payment for bar supplies shs 457,290
Salary paid to bar attendant shs 127,250
Debtors for bar sales, as at 31 December 2020, were shs 97,470
During the year ended 31 December 2020, shs 645,210 had been paid into the bank as bar takings. Identify the answer to the following question
If creditors for bar supplies as at 31 December 2020 amount to shs 152,040, what is the amount of bar purchases during the year ended 31 December 2020? 4MKS
Answers: 3
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Liverpool football Club presented the following details as at 1 January 2020,
Bar inventory shs 18...
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