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Reported the following information for 2006 and 2007.
Reported the following information for 2006 and 2007. $ 51,000 Accounts payable, December 31, 2006 46,000 Accounts payable, December 31, 2007 467,000 Purchases--2007 How much cash was paid for merchandise purchases during 2007? C. $467,000 a. $472,000 b. $462,000 d. $421,000 17. Adventurers Company reported the following information for 2006 and 2007. $ 2,400 Prepaid insurance, December 31, 2006 1,500 Prepaid insurance, December 31, 2007 14,200 Insurance expense--2007 How much cash was paid for insurance during 2007? C. $15,100 a. $13,300 b. $14,200 d. $15,700 18. Ross Corp. How much cash was paid for salaries during 2007? A. $55,200 c. $57,000 b. $55,100 d. $58,900 19. Brandywine Corp. How much cash was paid for interest during 2007? C. $12,500 a. $11,750 b. $12,250 d. $12,750 20. Rostone Corp. Reported the following information for 2006 and 2007. Interest receivable, December 31, 2006 Interest receivable, December 31, 2007 Interest income--2007 How much cash was received for i
