Merchandise Inventory increased $28,300 and Accounts Payable decreased $19,600 during the year.Accounts Payable relates only to the acquisition of merchandise inventory.Sales were $795,900 and Cost of Goods Sold was $549,700.Compute the payment made to the suppliers.
A)$578,000
B)$569,300
C)$597,600
D)$47,900

Question

Quizplus · Accepted Answer

C)
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Merchandise Inventory Increased $28,300 and Accounts Payable Decreased $19,600 During