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  3. a company reported the following details: cost of

A company reported the following details: Cost of Goods Sold = $115,000 Decrease in inventory...

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Accounting

A company reported the following details:

Cost of Goods Sold = $115,000

Decrease in inventory = $21,000

Decrease in accounts payable = $8,000

Using the direct method, how much is cost of goods sold adjusted to a cash basis?

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