Purchases on account are given below: $$\begin{array} { | c | c | c | }
\hline \text { October } & \text { November } & \text { December } \
\hline 30,000 & 40,000 & 50,000 \
\hline
\end{array}$$ 55% of the month's purchases will be paid in the month of the purchase; the remaining 45% will be paid in the following month.
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How much will the cash payments for purchases be in December?

Question

Purchases on account are given below: $$\begin{array} { | c | c | c | } 
\hline \text { October } & \text { November } & \text { December } \
\hline 30,000 & 40,000 & 50,000 \
\hline
\end{array}$$ 55% of the month's purchases will be paid in the month of the purchase; the remaining 45% will be paid in the following month.
-
How much will the cash payments for purchases be in December?

Quizplus · Accepted Answer

The Answer of Purchases on account are given below: $$\begin{array} { | c | c | c | } 
\hline \text { October } & \text { November } & \text { December } \
\hline 30,000 & 40,000 & 50,000 \
\hline
\end{array}$$ 55% of the month's purchases will be paid in the month of the purchase; the remaining 45% will be paid in the following month.
-
How much will the cash payments for purchases be in December?

Purchases on Account Are Given Below 55% of the Month's Purchases Will Be Paid in the |