Cost of goods sold for Metallic Paints during 2020 was 200,000. Beginning inventory was 32,000 and ending
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Cost of goods sold for Metallic Paints during 2020 was £200,000. Beginning inventory was £32,000 and ending inventory was £44,500. Beginning trade accounts payable were £6,500 and ending trade accounts payable was £20,500. What amount of cash did Metallic Paints pay to suppliers?
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Related Book For 
Introduction To Management Accounting
ISBN: 9781292412566
17th Edition, Global Edition
Authors: Charles Horngren, Gary L Sundem, Dave Burgstahler
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