Question: QUESTION 4 - PART 2 (6 marks): The general ledger of the Culinary Plate's Food Company provides the following information: The company's net sales for

 QUESTION 4 - PART 2 (6 marks): The general ledger of

QUESTION 4 - PART 2 (6 marks): The general ledger of the Culinary Plate's Food Company provides the following information: The company's net sales for the year were $2,200,000 and cost of goods sold amounted to $1,750,000. REQUIRED: Calculate the following (Show calculations): (a) Cash receipts from customers (b) Cash payments to suppliers

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