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At the Beginning of the Financial Year,trade Receivables Are £6,000

question 17

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At the beginning of the financial year,trade receivables are £6,000 and trade payables are £4,000.Cash received from receivables in the year are £40,000 and cash paid to payables are £20,000.Closing receivables are £3,000 and closing payables are £5,000.
What are the purchases of the business in the year?


Definitions:

Lesioning

a research method involving the deliberate damage or removal of tissue in the brain to study behavioral changes or the function of a particular area.

Electrical Stimulation

The use of electrical impulses to evoke a physiological response, commonly used in medical treatments and research.

Lesioning

A neuroscientific technique involving the damage or removal of specific brain tissue to study its functions.

Electrical Brain Stimulation

A method involving direct electrical stimulation of the brain to treat certain conditions, such as Parkinson's disease, or to study brain function.

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