The cost of merchandise sold during the year was $49,294.Merchandise inventories were $12,862 and $8,488 at the beginningand end of the year, respectively. Accounts payable were $6,709 and$4,838 at The cost of merchandise sold during the year was \\( \\$ 49,294 \\). Merchandise inventories were \\( \\$ 12,062 \\) and \\( \\$ 8,485 \\) at the beginning and end of the yeac, respectvely Accounts pa 2 answers