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QUESTION 28 8,000 The following information was extracted from the financial records of Jonah Company: 12/31/19 12/31/18 Accounts Receivable $ 11,000 $10,000 Inventory 12,000 Accumulated
QUESTION 28 8,000 The following information was extracted from the financial records of Jonah Company: 12/31/19 12/31/18 Accounts Receivable $ 11,000 $10,000 Inventory 12,000 Accumulated Depreciation 65,000 15,000 Accounts Payable, Suppliers 13,000 20,000 Salaries Payable 2,000 7,000 Income Taxes Payable 1,000 5,000 Interest Payable 1,000 500 Sales 300,000 Cost of Goods Sold 150,000 Salary Expense 80,000 Depreciation Expense 50,000 Interest Expense 5,000 Income Tax Expense 2,000 Required: Compute the following amounts and show work: a. Cash collected from customers in 2019. b. Cash paid to suppliers in 2019. c. Cash paid for interest in 2019. d. Cash paid for depreciation in 2019. Prepare your answers to this question on a sheet of pape. Make sure you label your answers on your answer sheet to be included in scanned answers TT I Anal 3 (12pt) T.E E 5.02 Clas e CL
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