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Business, 21.08.2019 23:10 zackinator9226

Last year anderson corporation reported a cost of goods sold of $117,000. the company's inventory at the beginning of the year was $14,400, and its inventory at the end of the year was $24,100. the prepaid expense account increased by $3,700 between the beginning and end of the year, and the accounts payable account decreased by $5,700. cost of goods sold adjusted to the cash basis under the direct method would be:

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Last year anderson corporation reported a cost of goods sold of $117,000. the company's inventory at...

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