company to calculate the cash paid for merchandise. Cost of goods sold $ 231,000 Merchandise inventory, January 1 59,800 Merchandise inventory, December 31 61,900 Accounts payable, January 1 58,900 Accounts payable, December 31 64,800 Multiple Choice
Accounts payable, January 1 Accounts payable, December 31 Multiple Choice O O O $234,800. $239,000. $223,000. $231,000. $227,200. 58,900 64,800
Use the following information about the current year operations of a Use the following information about the current year operations of a company to calculate the cash paid for merchandise.
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