Start learning →

Amounts owed to suppliers for goods bought in the normal course are called

AAccruals
BProvisions
CReserves
DTrade payables
Answer & Solution
Correct answer: D. Trade payables
Dues for goods purchased or services received in the normal course of business make up trade payables.
Practise this question with Quill — CA Inter →

Keep practising Schedule III Division I Financial Statements

Browse all Schedule III Division I Financial Statements questions for CA Inter, or explore more Accounting topics.

Start a Schedule III Division I Financial Statements lesson →
Related questions