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Based on the following information calculate how much cash was paid to suppliers: Cost of goods sold, $725,000. [20 Points] Beginning Balance Ending Balance Merchandise

Based on the following information calculate how much cash was paid to suppliers: Cost of goods sold, $725,000. [20 Points] Beginning Balance Ending Balance Merchandise Inventory $45,000 $56,000 Accounts Receivable $53,000 $50,000 Accounts Payable $37,000 $42,000

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