Knowledge Check 01 During the current year, Harold Company sold inventory costing $350,000 for a...
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Accounting
Knowledge Check 01 During the current year, Harold Company sold inventory costing $350,000 for a selling price of $675,000. Beginning balances of inventory and accounts payable were $86,000 and $116,000, respectively. The ending balance of inventory is $94,000 and the ending balance of accounts payable is $123,000. What is the amount of cash paid to the suppliers of goods? id to the suppliers of goods
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