A company reported the following information: Assuming all merchandise purchases were on account, how much cash was paid to suppliers for merchandise purchases during 2020?
A)$1,005,000
B)$1,050,000
C)$ 995,000
D)$1,020,000

Question

A company reported the following information:  Assuming all merchandise purchases were on account, how much cash was paid to suppliers for merchandise purchases during 2020?
A)$1,005,000 
B)$1,050,000 
C)$ 995,000 
D)$1,020,000

Quizplus · Accepted Answer

The Answer of A company reported the following information:  Assuming all merchandise purchases were on account, how much cash was paid to suppliers for merchandise purchases during 2020?
A)$1,005,000 
B)$1,050,000 
C)$ 995,000 
D)$1,020,000

A Company Reported the Following Information: Assuming All Merchandise