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Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of good sold $ 244,000
Use the following information about the current year's operations of a company to calculate the cash paid for merchandise.
Cost of good sold | $ 244,000 |
Merchandise inventory, January 1 | 72,800 |
Merchandise inventory, December 31 | 73,600 |
Accounts payable, January 1 | 70,600 |
Accounts payable, December 31 | 77,800 |
$244,000.
$252,000.
$237,600.
$236,000.
$250,400.
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