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ABC Company makes payments for purchases of 30% during the month of purchase, and the remainder the following month. April purchases are projected to be

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ABC Company makes payments for purchases of 30% during the month of purchase, and the remainder the following month. April purchases are projected to be P80,000; May purchase will be P120,000. What will be the cash payments on account for May? Select the correct response: 254,000 P84,000 P92,000 P36,000

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