A company's Inventory balance at 12/31/13 was $192,500 and $205,000 at 12/31/12. Its Accounts Payable balance at

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A company's Inventory balance at 12/31/13 was $192,500 and $205,000 at 12/31/12. Its Accounts Payable balance at 12/31/13 was $89,000 and $84,500 at 12/31/12, and its cost of goods sold for 2013 was $725,000.

The company's total amount of cash payments for merchandise in 2013 equals:

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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Posted Date: May 30, 2018 12:52 AM

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A company's Inventory balance at 12/31/13 was $192,500 and $205,000 at 12/31/12. Its Accounts Payable balance at

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Introduction to Financial Accounting

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