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    JoyAccount Posts: 1, Reputation: 1
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    Nov 9, 2011, 09:35 PM
    Accounting questions and answers?
    Based on the following information what is the amount of cash payments for inventory?

    Ending Beginning

    Inventory 60,000 75,000

    Accounts Payable 30,000 12,000

    Cost of Goods Sold 140,000 -0-

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