Dunnsmore Company reported cost of goods sold of $318,450 on its 2014 income statement. Other information for

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Dunnsmore Company reported cost of goods sold of $318,450 on its 2014 income statement.
Other information for Dunnsmore is as follows:

Required:
Prepare a schedule showing the amount of cash Dunnsmore paid to suppliers in2014.

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Financial Reporting and Analysis

ISBN: 978-0078025679

6th edition

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

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Question Posted: Sep 10, 2014 09:29 AM

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Dunnsmore Company reported cost of goods sold of $318,450 on its 2014 income statement. Other information for

Question:

1/1/2014 $37,200 23,100 12/31/2014 $43,400 29,900 Inventories Accounts payable

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Cost of goods sold 318450 ...View the full answer

Financial Reporting and Analysis

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