Pat Kinne is trying to calculate how much cash is being paid to suppliers of her firm's
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12/31/2013 $39,000 50,400 28,500 12/31/2012 $37,000 53,000 30,700 Accounts Receivable Merchandise Inventory Accounts Payable Notes Payable (used to buy Merchandise Inventory) Accrued Salaries 17,000 11,000 15,000 11,200
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Cash Paid for Inventory Cost of Goods Sold 190500 Decrease in Invento...View the full answer
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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