Cost of goods sold reported on the income statement was $178,270. The accounts payable balance increased $7,390, and the

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answerhappygod
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Cost of goods sold reported on the income statement was $178,270. The accounts payable balance increased $7,390, and the

Post by answerhappygod »

Cost of goods sold reported on the income statement was
$178,270. The accounts payable balance increased $7,390, and the
inventory balance increased by $6,680 over the year. Determine the
amount of cash paid for merchandise.
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