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10) DelleateInc. has prepared the following purchases budget: Month Budgeted Purchase June $67,000 July 72,500 August 76,300 September 73,700 October 69,200 All purchases are paid

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10) DelleateInc. has prepared the following purchases budget: Month Budgeted Purchase June $67,000 July 72,500 August 76,300 September 73,700 October 69,200 All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month and 40% two months after purchase. Calculate total cash payments made in October for purchases. 11) Eestlands Enterprises has budgeted sales for the months of September and October at $300,000 and $280,000, respectively. Monthly sales are 80% credit and 20% cash the credit sales, 50% are collected in the month of sale and 50% are collected in the following month. Galculate cash collections for the month of October

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