Mayan Corporation reported balances in the following accounts for the current year: ...
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Accounting
Mayan Corporation reported balances in the following accounts for the current year:
| Beginning | Ending | |||||
| Inventories | $ | 690 | $ | 390 | ||
| Accounts payable | 310 | 510 | ||||
Cost of goods sold was $7,600. What was the amount of cash paid to suppliers?
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$7,600.
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$7,100.
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$7,800.
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$7,300.
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