Organic Gardening Ltd. had operating expenses of $968,000 during 2020. Accrued liabilities at the beginning of the
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Organic Gardening Ltd. had operating expenses of $968,000 during 2020. Accrued liabilities at the beginning of the year were $27,000, and were $36,000 at the end of the year. Assuming all debits and credits to accrued liabilities are related to operating expenses, what was the total cash paid for operating expenses during 2020?
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1260305838
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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