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8- Delleate Inc. has prepared the following purchases budget: Month Budgeted Purchases June $67,000 July 72,500 August 76,300 September 73,700 October 69,200 All purchases are

8- Delleate Inc. has prepared the following purchases budget:

Month

Budgeted Purchases

June

$67,000

July

72,500

August

76,300

September

73,700

October

69,200

All purchases are paid for as follows: 35% in the month of purchase, 65% in the following month, Calculate balance of Accounts payable at the end of October.

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