Question
Sarasota Corporation had January 1 and December 31 balances as follows. 1/1/20 12/31/20 Inventory $114,000 $136,000 Accounts payable 63,000 69,000 For 2020, cost of goods
Sarasota Corporation had January 1 and December 31 balances as follows. 1/1/20 12/31/20 Inventory $114,000 $136,000 Accounts payable 63,000 69,000 For 2020, cost of goods sold was $451,000. Compute Sarasotas 2020 cash payments to suppliers.
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
