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Show Company had total operating expenses

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Show Company had total operating expenses 1 Small Company reported cost of goods sold of $179,000 on its 2014 income statement. The company’s beginning inventory was $35,000. The ending inventory was valued at $40,000. The Accounts Payable balance at January 1 was $25,000. The December 31 balance in Accounts Payable was $22,000. Instructions Compute cash payments to suppliers. 2 Show Company had total operating expenses of $153,000 in 2014, which included Depreciation Expense of $30,000. Also during 2014, prepaid expenses decreased by $9,500 and accrued expenses increased by $8,500. Instructions Calculate the amount of cash payments for operating expenses in 2012 using the direct method. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

Show Company had total operating expenses

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