What is the amount of cash payments to suppliers


Response to the following problem:

Quiet Hospital had a 20X1 excess of revenues over expenses of $164,000. The cost of supplies used during the year totaled $713,000. The hospital's inventory of supplies increased by $27,000, and accounts payable to suppliers increased by $39,400 during the 20X1 year.

What was the amount of cash payments to suppliers during 20X1?

Request for Solution File

Ask an Expert for Answer!!
Cost Accounting: What is the amount of cash payments to suppliers
Reference No:- TGS02088853

Expected delivery within 24 Hours