Dempsey's Parts Shop, Inc., uses a large amount of supplies in its business. The following table summarizes
Question:
Dempsey's Parts Shop, Inc., uses a large amount of supplies in its business. The following table summarizes selected transaction data for supplies that Dempsey's Parts Shop purchased:
Determine the total purchases of supplies for July alone under each of the following assumptions:
1. Dempsey's Parts Shop, Inc., recognizes purchases when orders are shipped.
2. Dempsey's Parts Shop, Inc., recognizes purchases when orders are received.
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