Dunnsmore Company reported cost of goods sold of $318,450 on its 2017 income statement. Other...
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Accounting
Dunnsmore Company reported cost of goods sold of $318,450 on its 2017 income statement. Other information for Dunnsmore is as follows:
| 1/1/2017 | 12/31/2017 | |||||
| Inventories | $ | 37,200 | $ | 43,400 | ||
| Accounts payable | 23,100 | 29,900 | ||||
Required:
Prepare a schedule showing the amount of cash Dunnsmore paid to suppliers in 2017.
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