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Sneed Corporation reported balances in the following accounts for the current year: Income tax payable Deferred tax liability Beginning $58 80 Ending $ 38 143
Sneed Corporation reported balances in the following accounts for the current year: Income tax payable Deferred tax liability Beginning $58 80 Ending $ 38 143 Income tax expense was $238 for the year. What was the amount paid for taxes? Dooling Corporation reported balances in the following accounts for the current year: Inventories Accounts payable Beginning $650 340 Ending $350 540 Cost of goods sold was $7,800. What was the amount of cash paid to suppliers
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