Saxton Incorporated reports a decrease in Accounts Receivable of $10,000, an increase in Accounts Payable...
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Accounting
Saxton Incorporated reports a decrease in Accounts Receivable of $10,000, an increase in Accounts Payable of $6,000, 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 $625.000 and cost of goods sold was $355,000. The total cash paid to suppliers for the period was: Answer: $
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