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Author Question: Cost of goods sold for the year was $840,000. Inventory was $64,000 at the beginning of the year and ... (Read 65 times)

RODY.ELKHALIL

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on: Feb 19, 2020
Cost of goods sold for the year was $840,000. Inventory was $64,000 at the beginning of the year and $89,000 at the end of the year. There were no changes in the amount in account payable for the year. Cash payment for merchandise to be reported under the direct method is:
◦ $904,000.
◦ $840,000.
◦ $929,000.
◦ $865,000.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by RODY.ELKHALIL on Feb 19, 2020

pangili4

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Reply #1 on: Feb 19, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RODY.ELKHALIL

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Reply 2 on: Feb 19, 2020
Great answer, keep it coming :)

tranoy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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