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Creditors opened Rs 800, closed Rs 1,340; paid Rs 3,100, returns Rs 100. Credit purchases:
ARs 3,740
BRs 4,540
CRs 3,200
DRs 2,860
Answer & Solution
Correct answer: A. Rs 3,740
Debit side totals 4,540, and deducting the opening balance of 800 leaves 3,740 as credit purchases.
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