Asume a merchandising company's estimated for January February, and March 100 000 $120.000 and 510.000, respectively its cost of goods sold is wys of its sale. The company was maintains ending merchandise inventory equal to 10's of est mort cost of goods sold it bays for 25 of its merchandise Durchases in the month of the Durchase and the remaining in the subtequent month. We accounts payable balance at the end of February Minh 700 310000