Dunnsmore Company reported cost of goods sold of $318,450 on its 20X1 income statement. Other information for
Question:
Dunnsmore Company reported cost of goods sold of $318,450 on its 20X1 income statement. Other information for Dunnsmore is as follows:
Required:
Prepare a schedule showing the amount of cash Dunnsmore paid to suppliers in 20X1.
Transcribed Image Text:
1/1/20X1 12/31/20X1 Inventories $37,200 23,100 $43,400 Accounts payable 29.900
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Related Book For
Financial Reporting And Analysis
ISBN: 9781260247848
8th Edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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