Kumar Innovation Co had the following line item on its 12/31/2014 Balance Sheet 12/31/2014...
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Accounting
Kumar Innovation Co had the following line item on its 12/31/2014 Balance Sheet
12/31/2014
Accounts Payable $10,000
Kumar's Statement of Cash Flows had the following line item:
2014
Change in accounts payable $4,000
Assume that the company madeno acquisitions or divestitiures and that all operations are in the home
country. How much Accounts Payable did Kumar have on 12/31/2013?
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