A manufacturer has provided the following details for goods purchased on account in different months.
$\begin{array}{|l|r|}
\hline\text { jan } & \$ 35,000 \
\hline \text { Feb } & 28,000 \
\hline \text { March } & 34,000 \
\hline \text { April } & 39,000 \
\hline \text { May } & 32,000 \
\hline \text { june } & 29,000\\hline
\end{array}$ The terms of payment offered by the suppliers are to pay 70% in the month of purchase and 30% in the following month. Calculate the payments on account made during the first six months.

Question

A manufacturer has provided the following details for goods purchased on account in different months.
 $\begin{array}{|l|r|}
\hline\text { jan } & \$ 35,000 \
\hline \text { Feb } & 28,000 \
\hline \text { March } & 34,000 \
\hline \text { April } & 39,000 \
\hline \text { May } & 32,000 \
\hline \text { june } & 29,000\\hline
\end{array}$ The terms of payment offered by the suppliers are to pay 70% in the month of purchase and 30% in the following month. Calculate the payments on account made during the first six months.

Quizplus · Accepted Answer

The Answer of A manufacturer has provided the following details for goods purchased on account in different months.
 $\begin{array}{|l|r|}
\hline\text { jan } & \$ 35,000 \
\hline \text { Feb } & 28,000 \
\hline \text { March } & 34,000 \
\hline \text { April } & 39,000 \
\hline \text { May } & 32,000 \
\hline \text { june } & 29,000\\hline
\end{array}$ The terms of payment offered by the suppliers are to pay 70% in the month of purchase and 30% in the following month. Calculate the payments on account made during the first six months.

A Manufacturer Has Provided the Following Details for Goods Purchased