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Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. 199 Skipped Cost of goods sold
Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. 199 Skipped Cost of goods sold Merchandise inventory, January 1 Merchandise inventory, December 31 Accounts payable, January 1 Accounts payable, December 31 $ 235,000 63,800 65,500 62,500 68,800 Multiple Choice $227,000. $239,600. $235,000. $230,400. $243,000
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