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Author Question: Estate Corp., has the following information: MonthBudgeted ... (Read 35 times)

Themember4

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

MonthBudgeted Purchases
January$27,100
February29,400
March29,400
April30,480
May27,580

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 April 30?
◦ $38,220
◦ $39,192
◦ $29,400
◦ $18,288
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Themember4 on Mar 6, 2021

k2629

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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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Themember4

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

Sarahjh

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Reply 3 on: Yesterday
Excellent

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