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From the information given below, you are required to prepare the cash paid for the inventory

Particulars Rs.
Inventory in the Begining   40,000
purchase 1,60,000
Inventory in the end    38,000
Inventory creditors in the beginning     14,000
Inventory creditors in the end      14,500

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Cash paid for inventory amounts toRs. 1,59,500

Note :Purchase is considered to be credit purchase. Inventory in beginning and end has no effect.

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