Cod Ltd Provides the Following Information for the Period Ended

question 44

Multiple Choice

Cod Ltd provides the following information for the period ended 30 June 2014: $\begin{array}{|l|r|}\hline & \$ 0 \\\hline \text { Cost of goods sold for the year } & 110 \\\hline \text { Discounts received for early payment to suppliers } & 82 \\\hline \text { Wages } & 62 \\\hline \text { Opening balance of trade creditors } & 40 \\\hline \text { Closing balance of trade creditors } & 45 \\\hline \text { Opening balance of inventory } & 30 \\\hline \text { Closing balance of inventory } & 15\\\hline\end{array}$ What is the cash paid to suppliers for the period?

• A)$82 000
• B)$144 000
• C)$184 000
• D)$122 000

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