g sales on account 2,100,000 cash sales 1,110,000 cost of goods sold 1,575,000 What is the amount of cash payments to suppliers reported by one company

Respuesta :

Answer:

$1,464,000

Explanation:

Note: The complete question set is attached as picture below

To determine the amount of cash payments to suppliers:

Particulars                                    Amount

Cost of goods sold                       $1,575,000

Increase in inventory                    $72,000

Decrease in accounts payable   -$183,000

Payment made to suppliers         $1,464,000

Therefore, the amount of cash payments to suppliers is $1,464,000.

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