Read the passage carefully and answer the next five questions (value in fraction is to be rounded off to the nearest value).

Average Trade payables is-

₹1,42,000

The correct answer is option 3- ₹1,42,000.

Trade payables = Creditors (90,000) + Bills payable (52,000)
                       = 1,42,000

* As the figures of creditors and bills payables in the beginning of the year are not available. So when only year-end figures are available use the same as it is.