The following information was taken from the 2012 annual report of Target Corporation (dollars in millions): a.

Question:

The following information was taken from the 2012 annual report of Target Corporation (dollars in millions):

a. Compute the inventory purchases made by Target during 2012. Record a single entry that reflects these purchases.
b. How much cash did Target pay to its suppliers in 2012? Record a single entry that reflects thesepayments.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...