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Determine the amount of cash paid to suppliers for each of the four independent situations below. Situation 1 Cost of goods sold $ 330,000 $
Determine the amount of cash paid to suppliers for each of the four independent situations below. Situation 1 Cost of goods sold $ 330,000 $ 330,000 430,000 430,000 Inventory Accounts payable Cash paid to increase(decrease) increase(decrease) suppliers 6,300 $ 01 $ 323,700 0 7,300 6,300 7,300 (6,300) (7,300) N 3 4
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