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If the dollar amount in ending accounts payable is greater than the dollar amount in beginning accounts payable, then A. inventory must have increased during
If the dollar amount in ending accounts payable is greater than the dollar amount in beginning accounts payable, then
A. inventory must have increased during the period.
B. cost of goods sold must be greater in this period than in the prior period.
C. cost of goods sold must have increased by the same amount.
D. payments to suppliers during the period must have been less than the amount of inventory purchased on account.
E. cash must have decreased by the same amount.
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