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Pearson Co's Cost of Sales for the Year Ended 30

Question 23

Multiple Choice

Pearson Co's cost of sales for the year ended 30 June 2019 was $180 000. During the year, accounts payable and inventory each increased by $18 000. What amount of cash was paid for purchases during the year?


A) $162 000
B) $180 000
C) $198 000
D) $216 000

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