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The Following Selected Account Balances Are Taken from a Merchandising

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The following selected account balances are taken from a merchandising company's records:
The following selected account balances are taken from a merchandising company's records:   (a) Calculate the cash payments made during 2010 for merchandise. Assume all of the company's accounts payable balances are a result from merchandise purchases. (b) Calculate the cash receipts from customer sales during 2010. (c) Calculate the cash payments for salaries during 2010.
(a) Calculate the cash payments made during 2010 for merchandise. Assume all of the company's accounts payable balances are a result from merchandise purchases.
(b) Calculate the cash receipts from customer sales during 2010.
(c) Calculate the cash payments for salaries during 2010.


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