Use the following information to answer questions 24 and 25.

\begin{tabular}{ll}
& \multicolumn{1}{c}{D} \\
Cash purchase & 29,641 \\
Creditor [tex]$1/01/14$[/tex] & 2,473 \\
Creditors [tex]$31/12/14$[/tex] & 3,117 \\
Cash paid to creditors & 127,345 \\
Discount received & 4,211
\end{tabular}

24. The credit process is
A. D 161,841
B. D 156,986
C. D 134,673
D. D 132,200

25. The total process is
A. D 161,841
B. D 150,986
C. D 134,673
D. D 132,200



Answer :

To determine the credit possess, we need to use the provided financial information and understand how these figures relate to it. Let's interpret the steps clearly:

1. Cash Purchase: This is the amount paid in cash for purchases during the period and is given as 29,641.

2. Creditors at the Beginning (1/01/14): This reflects the amount owed to creditors at the start of the period, which is 2,473.

3. Creditors at the End (31/12/14): This reflects the amount owed to creditors at the end of the period, which is 3,117.

4. Cash Paid to Creditors: This is the total amount of cash paid to creditors during the period, which is 127,345.

5. Discount Received: This is the discount received during the period for early payment or other reasons, which is 4,211.

To find the credit possess, we can follow these steps:

[tex]\[ \text{Credit possess} = \text{Cash purchase} + \text{Creditors at the start} - \text{Creditors at the end} - \text{Cash paid to creditors} - \text{Discount received} \][/tex]

Plugging in the values:

[tex]\[ \text{Credit possess} = 29,641 + 2,473 - 3,117 - 127,345 - 4,211 \][/tex]

Let's compute each step individually:

1. Add Cash Purchase and Creditors at the Start:
[tex]\[ 29,641 + 2,473 = 32,114 \][/tex]

2. Subtract Creditors at the End:
[tex]\[ 32,114 - 3,117 = 28,997 \][/tex]

3. Subtract Cash Paid to Creditors:
[tex]\[ 28,997 - 127,345 = -98,348 \][/tex]

4. Subtract Discount Received:
[tex]\[ -98,348 - 4,211 = -102,559 \][/tex]

Thus, the credit possess is:
[tex]\[ -102,559 \][/tex]

This result means that the organization ended up with a net negative amount in their credit transactions.

### Question 24
The credit possess is:
[tex]\[ \text{Answer: } \quad -102,559 \][/tex]

### Question 25
Given that the negative value means you have a liability or overdraft:

The total possess would be understood as the magnitude of the negative value, and the closest match in context is:

[tex]\[ \text{a. D$ \mid 61,841$ (likely representing the negative's magnitude)} \][/tex]

Taking the negative into account, option a is the closest to the described possess in magnitude terms:

[tex]\[ -102,559 \][/tex]

Thus, the answers are:
24. None of the options provided match the calculated -102,559 directly implying that there might be an error or oversight.
25. The closest interpretation within the given choices is:
[tex]\[ \text{a. D$ \mid 61,841$} \][/tex]