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Author Question: Estate Corp., has the following information: MonthBudgeted ... (Read 27 times)

Pineappleeh

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on: Mar 6, 2021
Estate Corp., has the following information:

MonthBudgeted Purchases
January$27,600
February29,100
March28,500
April29,980
May26,780

Purchases are paid for in the following manner:
 10% of the purchase amount in the month of purchase
 50% of the purchase amount in the month after purchase
 40% of the purchase amount in the second month after purchase

What is the expected balance in Accounts Payable as of March 31?
◦ $37,290
◦ $14,250
◦ $2,910
◦ $25,650
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Pineappleeh on Mar 6, 2021

aliotak

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Pineappleeh

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

Missbam101

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Reply 3 on: Yesterday
Excellent

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