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A company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. The balance of Accounts Payable can
A company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. The balance of Accounts Payable can be taken from the ________.
(a) inventory, purchases, and cost of goods sold budget
(b) schedule of cash payments
(c) direct materials budget
(d) selling and administrative expenses budget
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