8 Bioware Company reports cost of goods sold of $43,000. Its comparative balance sheet shows that inventory decreased $8
Posted: Fri Jul 01, 2022 8:20 am
Company reports cost of goods sold of $43,000. Its comparative balance sheet shows that inventory decreased $8,000 and accounts payable increased $6,000. Compute cash payments to suppliers using the direct method. Answer is complete but not entirely correct. Cash Payments to Suppliers (Direct) Cost of goods sold Decrease in inventory Increase in accounts payable Cash paid for inventory ✪ ♥ S s 43,000 (8,000) 6,000 41,000 < Prev 8 of 14 Return to question Next >
8 Bioware