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a customer service that is in the process of working on various components of their Cash the accountantworking on completing a Cash Disbursements Schedule has
a customer service that is in the process of working on various components of their Cash the accountantworking on completing a Cash Disbursements Schedule has decided to calculate Daisy's payment on Accounts Payable They pay their in the following manner % of purchases are of the purchase30% of purchases are paid in the month the purchase, and the 10% of purchases are paid in the second the purchase. They made the following purchasesMarch25,600AprilMay22,300, 27,900 and What will the total paid out by Accounts Payable for June ? 25.050 27.900 66,400
Daisy Company is a customer service organization that is in the process of working on various components of their Cash Budget. Elizabeth, the accountant, is working on completing a Cash Disbursements Schedule and has decided to calculate Daisy's cash payment on Accounts Payable first. They pay their bilis in the following manner 60% of purchases are paid in month of the purchase, 30% of purchases are paid in the month following the purchase, and the remaining 10% of purchases are paid in the second month following the purchase. They made the following purchases: March, \$25,600; April, \$16,200; May, \$22,300; June, \$27,900; and July, $19,850. What will the total amount paid out by Accounts Payable for June be? $25,050 $27,900 $23,430 $66,400 Step by Step Solution
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