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Author Question: The following information is available for Eclectic Lighting. What amount of cash was paid for ... (Read 507 times)

clippers!

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The following information is available for Eclectic Lighting. What amount of cash was paid for merchandise in 2018?

Cost of goods sold$902,000​
Merchandise inventory, 12/31/17133,000​
Merchandise inventory, 12/31/18134,000​
Accounts Payable, 12/31/17109,000​
Accounts Payable, 12/31/1896,000​

◦ $916,000
◦ $1,374,000
◦ $914,000
◦ $888,000


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Marked as best answer by clippers! on Feb 19, 2020

shailee

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