Rutledge Co.'s had the following account balances at the end of 2009 and 2010.

The company's Cost of Goods Sold for 2010 was $798,000. How much cash did Rutledge pay its vendors for inventory in 2010?
A) $ 22,900
B) $808,400
C) $810,500
D) $820,900
E) Cannot be determined from the information given

Question

Rutledge Co.'s had the following account balances at the end of 2009 and 2010.

The company's Cost of Goods Sold for 2010 was $798,000. How much cash did Rutledge pay its vendors for inventory in 2010?
A) $ 22,900 
B) $808,400 
C) $810,500 
D) $820,900 
E) Cannot be determined from the information given

Quizplus · Accepted Answer

The Answer of Rutledge Co.'s had the following account balances at the end of 2009 and 2010.

The company's Cost of Goods Sold for 2010 was $798,000. How much cash did Rutledge pay its vendors for inventory in 2010?
A) $ 22,900 
B) $808,400 
C) $810,500 
D) $820,900 
E) Cannot be determined from the information given