Top Posters
Since Sunday
g
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
bernie2981 bernie2981
wrote...
Go to Answer
Posts: 3810
Rep: 26 0
9 years ago
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 total cash disbursements in October to account for the purchase of merchandise at Lough Company?
A) $37,575
B) $45,495
C) $41,550
D) $12,275
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 420 times
1 Reply
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
#1
Top Poster
Posts: 2158
Rep: 418 0
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...

9 years ago
Thanks
annielin111
wrote...

Yesterday
Thanks for your help!!
ealvino1610
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  1662 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 379
  
 342
  
 346
Your Opinion
Previous poll results: Where do you get your textbooks?