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Homework answers / question archive / Cost of goods sold amounted to $403,000, accounts payable increased by $20,400, and inventories increased by $15,400

Cost of goods sold amounted to $403,000, accounts payable increased by $20,400, and inventories increased by $15,400

Finance

Cost of goods sold amounted to $403,000, accounts payable increased by $20,400, and inventories increased by $15,400. How much cash was paid to suppliers?

The net book value of buildings increased by $228,000. No buildings were sold, and depreciation expense for the year was $197,000. How much cash was paid to purchase buildings?

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