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Use the following excerpts from Jasper Companys financial statements and complete the worksheets below to determine cash paid to suppliers for inventory in 2018. PLEASE
Use the following excerpts from Jasper Companys financial statements and complete the worksheets below to determine cash paid to suppliers for inventory in 2018.
PLEASE NOTE: You are to follow the format shown in the textbook.
Step01: Inventory Purchased | |
[ Select ]["Ending balance, Inventory", "Inventory purchased", "Goods available for sale", "Cost of Goods Sold", "Beginning balance, Inventory"] | [ Select ]["$179,900", "$31,000", "$35,000", "$210,900", "$175,900"] |
[ Select ]["Goods available for sale", "Inventory purchased", "Cost of Goods Sold", "Beginning balance, Inventory", "Ending balance, Inventory"] | [ Select ]["$31,000", "$35,000", "$210,900", "$175,900", "$179,900"] |
[ Select ]["Goods available for sale", "Beginning balance, Inventory", "Inventory purchased", "Ending balance, Inventory", "Cost of Goods Sold"] | [ Select ]["$179,900", "$35,000", "$31,000", "$210,900", "$175,900"] |
[ Select ]["Goods available for sale", "Ending balance, Inventory", "Beginning balance, Inventory", "Inventory purchased", "Cost of Goods Sold"] | [ Select ]["$210,900", "$175,900", "$179,900", "$31,000", "$35,000"] |
[ Select ] ["Cost of Goods Sold", "Beginning balance, Inventory", "Ending balance, Inventory", "Inventory purchased", "Goods available for sale"] | [ Select ]["$175,900", "$31,000", "$210,900", "$35,000", "$179,900"] |
Step02: Cash paid for Inventory Purchases | |
[ Select ]["Total obligation to pay Inventory costs", "Cash paid for Inventory", "Ending balance, Accounts Payable", "Purchases", "Beginning balance, Accounts Payable"] | [ Select ]["$22,000", "$20,500", "$179,900", "$178,400", "$200,400"] |
[ Select ]["Cash paid for Inventory", "Beginning balance, Accounts Payable", "Purchases", "Total obligation to pay Inventory costs", "Ending balance, Accounts Payable"] | [ Select ]["$179,900", "$22,000", "$178,400", "$200,400", "$20,500"] |
[ Select ]["Cash paid for Inventory", "Purchases", "Beginning balance, Accounts Payable", "Total obligation to pay Inventory costs", "Ending balance, Accounts Payable"] | [ Select ]["$179,900", "$22,000", "$200,400", "$178,400", "$20,500"] |
[ Select ]["Total obligation to pay Inventory costs", "Cash paid for Inventory", "Beginning balance, Accounts Payable", "Purchases", "Ending balance, Accounts Payable"] | [ Select ]["$178,400", "$20,500", "$179,900", "$200,400", "$22,000"] |
[ Select ]["Total obligation to pay Inventory costs", "Beginning balance, Accounts Payable", "Cash paid for Inventory", "Purchases", "Ending balance, Accounts Payable"] | [ Select ]["$22,000", "$178,400", "$179,900", "$200,400", "$20,500"] |
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