Patience is trying to work out her cost of sales for the year ended 31 December 20X9. She has the following details for supplier and inventory balances: At 1 January 20X9 At 31 December 20X9 Suppliers Inventory $15,264 $6,359 $16,812 $4,919 In the year to 31 December 20X9, Patience's payments to suppliers totalled $141,324. What was Patience's cost of sales for the year to 31 December 20X9?

Patience is trying to work out her cost of sales for the year ended 31 December 20X9. She has the following details for supplier and inventory balances: At 1 January 20X9 At 31 December 20X9 Suppliers Inventory $15,264 $6,359 $16,812 $4,919 In the year to 31 December 20X9, Patience's payments to suppliers totalled $141,324. What was Patience's cost of sales for the year to 31 December 20X9?

Name: Patience is trying to work out her cost of sales for the year ended 3
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Description: Patience is trying to work out her cost of sales for the year ended 31 December 20X9.She has the following details for supplier and inventory balances:At 1 January 20X9At 31 December 20X9SuppliersInventory$15,264$6,359$16,812$4,919In the year to 31

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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