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Use the following information about the current year's operations of a company to calculate the cash paid for merchandise

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Use the following information about the current year's operations of a company to calculate the cash paid for merchandise.;Cost of good sold $ 227,000;Merchandise inventory, January 1 55,800;Merchandise inventory, December 31 58,300;Accounts payable, January 1 55,300;Accounts payable, December 31 60,800;$224,000.;$230,000.;$235,000.;$227,000.;$219,000.

 

Paper#20910 | Written in 18-Jul-2015

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