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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
The following information is available for Bestway Company. What amount is paid for merchandise for the current year (2012)?

Cost of goods sold   $872,000
Merchandise inventory, 12/31/11   123,000
Merchandise inventory, 12/31/12   114,000
Accounts Payable 12/31/11   104,000
Accounts Payable 12/31/12   97,000

A) $874,000
B) $870,000
C) $856,000
D) $888,000
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
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largerthanlifelargerthanlife
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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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