Dunnsmore Company reported cost of goods sold of $318,450 on its 2017 income statement. Other information for
Question:
1/1/2017 12/31/2017
Inventories...............$37,200....................$43,400
Accounts payable.........23,100.....................29,900
Required:
Prepare a schedule showing the amount of cash Dunnsmore paid to suppliers in 2017.
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Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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