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QUESTION
End of this Year End of prior Year Accounts receivable $ 1 15. 000 $ 100.000 Cost of goods sold 560.000 Sales revenue $30.000 Accounts payable 75,...
A.
$15,000
B.
$15,000
C.
$15,000
D.
$15,000
End of this YearEnd of prior YearAccounts receivable$ 1 15. 000$ 100.000Cost of goods sold560.000Sales revenue$30.000Accounts payable75, 000Inventory$6.000105. 000Salary payable13.00010.000Salary Expense49.0004.5.00 0*Relates solely to the acquisition of inventory