Carter Company reports the following: $$\begin{array} { l c c }
& \text { End of Year } & \text { Beginning of Year } \
\text { Inventory } & \$ 25,000 &\$40,000 \
\text { Accounts Payable } & 30,000 & 10,000
\end{array}$$ If cost of goods sold for the year is $210,000, the amount of cash paid to suppliers is

Question

Carter Company reports the following: $$\begin{array} { l c c } 
& \text { End of Year } & \text { Beginning of Year } \
\text { Inventory } & \$ 25,000 &\$40,000 \
\text { Accounts Payable } & 30,000 & 10,000
\end{array}$$ If cost of goods sold for the year is $210,000, the amount of cash paid to suppliers is

Quizplus · Accepted Answer

The Answer of Carter Company reports the following: $$\begin{array} { l c c } 
& \text { End of Year } & \text { Beginning of Year } \
\text { Inventory } & \$ 25,000 &\$40,000 \
\text { Accounts Payable } & 30,000 & 10,000
\end{array}$$ If cost of goods sold for the year is $210,000, the amount of cash paid to suppliers is

Carter Company Reports the Following If Cost of Goods Sold for the Year Is $210,000