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Dooling Corporation reported balances in the following accounts for the current year: Beginning Ending Inventories $ 600 $ 300 Accounts payable 300 500 Cost of
Dooling Corporation reported balances in the following accounts for the current year:
Beginning | Ending | ||||||
Inventories | $ | 600 | $ | 300 | |||
Accounts payable | 300 | 500 |
Cost of goods sold was $7,500. What was the amount of cash paid to suppliers?
Group of answer choices
$7,200.
$7,300.
$7,500.
$7,000.
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