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Bored. Bored.
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Posts: 852
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6 years ago
Fertilizer Incorporated reports an increase in Accounts Payable of $9,200 and an increase in inventory of $45,000 for the current year. Accounts Payable relates solely to the purchase of merchandise. Sales on account were $532,100 and cost of goods sold was $358,000. The total purchases of merchandise for the period were:
A) $174,100
B) $313,000
C) $358,000
D) $403,000
Textbook 
Exploring Microsoft Office 2013, Volume 2, Canadian Edition

Exploring Microsoft Office 2013, Volume 2, Canadian Edition


Edition: 1st
Authors:
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TheSinTheSin
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6 years ago
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