During 2020, Parma company had cash sales of BD 300,000, cost of sales of BD 55,000,...
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During 2020, Parma company had cash sales of BD 300,000, cost of sales of BD 55,000, inventories increased by BD 45,000, accounts payable increased by BD 25,000 while accounts receivable increased by BD 20,000. Parma company uses the direct method. Cash paid to suppliers in OABD 55,000 OB BD 95,000 OCBD 75,000 OD BD 35,000 During 2020, Parma company had cash sales of BD 300,000, cost of sales of BD 55,000, inventories increased by BD 45,000, accounts payable increased by BD 25,000 while accounts receivable increased by BD 20,000. Parma company uses the direct method. Cash paid to suppliers in OABD 55,000 OB BD 95,000 OCBD 75,000 OD BD 35,000
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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