Goliath Company prepared the following purchases budget:

All purchases are paid for as follows: 30% in the month of purchase,45% in the following month,and 25% two months after purchase.
What are the total cash disbursements in August to account for the purchase of merchandise at Goliath Company?

Question

Goliath Company prepared the following purchases budget:

All purchases are paid for as follows: 30% in the month of purchase,45% in the following month,and 25% two months after purchase.
What are the total cash disbursements in August to account for the purchase of merchandise at Goliath Company?

Quizplus · Accepted Answer

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Goliath Company Prepared the Following Purchases Budget