Find the total cash payments for merchandise


The cost of merchandise sold during the year was $58,706. Merchandise inventories were $12,831 and $8,381 at the beginning and end of the year, respectively. Accounts payable were $5,017 and $4,722 at the beginning and end of the year, respectively. Using the direct method of reporting cash flows from operating activities, find the total cash payments for merchandise

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Accounting Basics: Find the total cash payments for merchandise
Reference No:- TGS0714728

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