Question
A company had $304,000 of accounts payable on September 30 and $265,000 on October 31. If total purchases on credit during October were $562,000, then
A company had $304,000 of accounts payable on September 30 and $265,000 on October 31. If total purchases on credit during October were $562,000, then the company paid $601,000 cash on accounts payable during October.
true or False
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Cost Accounting Principles And Applications
Authors: Horace R. Brock
5th Edition
0070081522, 978-0070081529
