Bramble Corporation had January 1 and December 31 balances as follows. Inventory Accounts payable 1/1/20 $90,000 47,000 Cash payments to suppliers For 2020, cost of goods sold was $597,000. Compute Bramble's 2020 cash payments to suppliers. $ tA 12/31/20 $105,000 56,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Bramble Corporation had January 1 and December 31 balances as follows.
1/1/20
Inventory
$90,000
Accounts payable 47,000
12/31/20
For 2020, cost of goods sold was $597,000.
Cash payments to suppliers
$105,000
56,000
Compute Bramble's 2020 cash payments to suppliers.
LA
Transcribed Image Text:Current Attempt in Progress Bramble Corporation had January 1 and December 31 balances as follows. 1/1/20 Inventory $90,000 Accounts payable 47,000 12/31/20 For 2020, cost of goods sold was $597,000. Cash payments to suppliers $105,000 56,000 Compute Bramble's 2020 cash payments to suppliers. LA
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