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(1) The following information was taken from the 2012 annual report of Bed Bath & Beyond, a leading house hold retailer (dollars in thousand): COGS
(1) The following information was taken from the 2012 annual report of Bed Bath & Beyond, a leading house hold retailer (dollars in thousand): COGS Inventory Accounts Payable 2012 6,525,880 2,466,264 913,365 2011 5,568,957 2,071,890 752,064 Assume that accounts payable reflects only accounts with inventory suppliers, and compute the cash payments made to suppliers during 2012. Show the T-account for Accounts Payable
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