Cost of goods sold in the income statement for the year ended 1999 was $260,000. The balances

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Cost of goods sold in the income statement for the year ended 1999 was $260,000. The balances in Merchandise Inventory and Accounts Payable were:  pg85

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Calculate the amount of cash paid for merchandise for 1999.

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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