Talley Inc.had the following purchases budgeted for the last quarter of the current year:
$\begin{array}{lr}
\text { October } & \$ 230000 \
\text { November } & 300000 \
\text { December } & 375000
\end{array}$

Talley pays for one-quarter of a month's purchases in the month of purchase and the remainder in the following month.What are expected cash disbursements for the month of December?

Question

Talley Inc.had the following purchases budgeted for the last quarter of the current year:
$\begin{array}{lr}
\text { October } & \$ 230000 \
\text { November } & 300000 \
\text { December } & 375000
\end{array}$
 
Talley pays for one-quarter of a month's purchases in the month of purchase and the remainder in the following month.What are expected cash disbursements for the month of December?

Quizplus · Accepted Answer

The Answer of Talley Inc.had the following purchases budgeted for the last quarter of the current year:
$\begin{array}{lr}
\text { October } & \$ 230000 \
\text { November } & 300000 \
\text { December } & 375000
\end{array}$
 
Talley pays for one-quarter of a month's purchases in the month of purchase and the remainder in the following month.What are expected cash disbursements for the month of December?

Talley Inc October $230000 November 300000 December 375000\begin{array}{lr}\text { October } & \$ 230000 \\\text { November } & 300000 \\\text { December } & 375000\end{array} October November December ​$230000300000375000​

Talley Inc $\begin{array}{lr}\text { October } & \$ 230000 \\\text { November } & 300000 \\\text { December } & 375000\end{array}$