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Bioware Co. reports cost of goods sold of $42,600. Its comparative balance sheet shows that inventory decreased $7,600 and accounts payable increased $5,600. Compute cash
Bioware Co. reports cost of goods sold of $42,600. Its comparative balance sheet shows that inventory decreased $7,600 and accounts payable increased $5,600. Compute cash payments to suppliers using the direct method. 11 Cash Payments to Suppliers (Direct) Increase in interest receivable Cash paid for inventory es Bioware Co. reports cost of goods sold of $42 accounts payable increased $5,600. Compute 3 Cash Payments to Suppliers (Direct) Increase in interest receivable Cost of goods sold Decrease in accounts payable Decrease in accounts receivable Decrease in inventory s Increase in accounts payable Increase in interest receivable Bioware Co. reports cost of goods sold of $ accounts payable increased $5,600. Compu Cash Payments to Suppliers (Direct) Increase in interest receivable Increase in interest receivable Increase in inventory Interest receivable Interest revenue Sales revenue
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