A Level Accounting (9706)•9706/13/O/N/21

Explanation
Purchases from incomplete records using payables Steps:
- Identify the change in trade payables: closing payables (85) = $345 increase.
- Recognize that credit purchases = payments to suppliers (gross) + closing payables - opening payables.
- Note discounts received ($345) reduce net cost but do not directly give payments to suppliers.
- Conclude no information on payments to suppliers, so credit purchases cannot be calculated.
Not enough information.
Final answer: Not enough information.
Topic: Preparation of financial statements
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