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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 14, 2015



Title: Purchases in May were $60,000, while expected purchases for June and July are $75,000 and $92,000, r
Post by: bernie2981 on Nov 14, 2015
Purchases in May were $60,000, while expected purchases for June and July are $75,000 and $92,000, respectively. All purchases are paid 35% in the month of purchase and 65% in the following month. At what amount are June payments for purchases budgeted?
A) $97,450
B) $86,050
C) $65,250
D) $69,750


Title: Re: Purchases in May were $60,000, while expected purchases for June and July are $75,000 and $92,00
Post by: nuclei on Nov 15, 2015
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