Solved: Salaries for 2010 were 75000 cost of goods was sold at, Accounting Basics

Salaries for 2010 were 75000 cost of goods was sold at

Question - Salaries for 2010 were 75,000; cost of goods was sold at 29,000. if the account receivable increased by 2,500; inventory decreased by $1340; accounts payable decreased by $2,000 and other accrued liabilities decreased by $800.00.

How much cash was paid to the vendors and suppliers during the year?

How would the cash from this transaction be classified on the statement of cash flow?

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Accounting Basics: Salaries for 2010 were 75000 cost of goods was sold at

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Accounting Basics: Salaries for 2010 were 75000 cost of goods was sold at

Reference No:- TGS02861904

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