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Question 24 4 pts Saxton Incorporated reports an increase in Accounts Receivable of $20,000, a decrease in Accounts Payable of $12,000, and a decrease in
Question 24 4 pts Saxton Incorporated reports an increase in Accounts Receivable of $20,000, a decrease in Accounts Payable of $12,000, and a decrease in inventory of $30,000 for the current year. Accounts Payable relates solely to the purchase of merchandise. Sales on account were $750,000 and cost of goods sold was $475,000. The total cash paid to suppliers for the period was: $457,000 $477,000 $493,000 $752,000 $732,000
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