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Stepping Out Has Inventory Purchases of $2,200 During the Month

Question 111

Multiple Choice

Stepping Out has inventory purchases of $2,200 during the month of June. If June 1 accounts payable were $1,700 and June 30 accounts payable were $1,900, what was the cash payment?


A) $3,900
B) $2,000
C) $1,900
D) $1,700

Correct Answer:

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