How inventory increases by

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Question 1: Toysho purchases an inventory of spare parts in credit from its suppliers for $15000. During this month Toysho pays its suppliers $10000 and sells spare parts (which cost $8000) to its customers on credit for $20000. Customers pay Toshyo $12000 during this month. Inventory increases by? Payables increase by?

Reference no: EM132590874

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How inventory increases by : To its customers on credit for $20000. Customers pay Toshyo $12000 during this month. Inventory increases by? Payables increase by?
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