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Hupta Corporation reports for the year ended December 31, 2005, sales of $18,860 and cost of goods sold of $12,500. Other information as of December
Hupta Corporation reports for the year ended December 31, 2005, sales of $18,860 and cost of goods sold of $12,500. Other information as of December 31 is as follows 2004 2005 Accounts Receivable $1,200 $1,100 Inventory $ 500 $ 620 Accounts Payable $ 360 $ 350 Cash paid to suppliers for year ended December 31, 2005, is: O A. $ 12,620 O B. $ 12,610 O C. $ 12,630 OD. $ 12,640
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