Given the following account balances, what was the amount paid to suppliers during the year? $ Inventory,

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Given the following account balances, what was the amount paid to suppliers during the year?

$

Inventory, 1 July 2021 250 000 Inventory, 30 June 2022 290 000 Accounts payable, 1 July 2021 130 000 Accounts payable, 30 June 2022 190 000 Cost of goods sold 600 000

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Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

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