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The following information is available for Waterway Industries for 2020: Disbursements for purchases $1556000 Increase in trade accounts payable 98000 Decrease in merchandise inventory 38000
The following information is available for Waterway Industries for 2020:
Disbursements for purchases | $1556000 |
Increase in trade accounts payable | 98000 |
Decrease in merchandise inventory | 38000 |
Cost of goods sold for 2020 was
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