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Title: Lough Company prepared the following purchases budget:MonthBudgeted PurchasesJune$40,000July$43,000A Post by: bernie2981 on Nov 14, 2015 Lough Company prepared the following purchases budget:
Month Budgeted Purchases June $40,000 July $43,000 August $39,600 September $46,000 October $49,100 All purchases are paid for as follows: 20% two months after purchase, 55% in the following month, and 25% in the month of purchase. What are the cash disbursements in October to account for the September purchases at Lough Company? A) $8,000 B) $9,200 C) $25,300 D) $184,000 Title: Re: Lough Company prepared the following purchases budget:MonthBudgeted PurchasesJune$40,000July$43, Post by: nuclei on Nov 15, 2015 Content hidden
Title: Re: Lough Company prepared the following purchases budget:MonthBudgeted PurchasesJune$40,000July$43,000A Post by: bernie2981 on Dec 1, 2015 Wow! Thank you
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