Moxley Corporation had January 1 and December 31 balances as follows. For 2012, cost of goods sold

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Moxley Corporation had January 1 and December 31 balances as follows.

                

For 2012, cost of goods sold was $500,000. Compute Moxley’s 2012 cash payments to suppliers.

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Intermediate Accounting

ISBN: 978-0470587287

14th Edition

Authors: kieso, weygandt and warfield.

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