Samson Company Prepared the Following Purchases Budget All Purchases Are Paid for as Follows: 20% in the l
Samson Company prepared the following purchases budget: All purchases are paid for as follows: 20% in the month of purchase,60% in the following month,and 20% two months after purchase.
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What are the total cash disbursements in August for the purchase of merchandise?
A) $40,540
B) $45,280
C) $33,420
D) $ 7,920
Correct Answer:
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