Question
Bramble Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2024, Bramble Company
Bramble Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2024, Bramble Company reports the following: Sales on account $2010000 Cash sales 1110000 Decrease in accounts receivable 913000 Increase in accounts payable 115000 Increase in inventory 72000 Cost of goods sold 1574000 What amount of cash payments to suppliers will be reported by Bramble Company for the year ended December 31, 2024?
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College Accounting
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
11th edition
978-1111528300, 1111528128, 1111528306, 978-1111528126
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