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#Book Show Me How Preparing an Accounts Payable Schedule Pilsner Inc. purchases raw materials on account for use in production. The direct materials purchases

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#Book Show Me How Preparing an Accounts Payable Schedule Pilsner Inc. purchases raw materials on account for use in production. The direct materials purchases budget shows the following expected purchases on account April May June $374,400 411,200 416,000 Pilsner typically pays 25% on account in the month of billing and 75% the next month. Required: 1. How much cash is required for payments on account in May 2. How much cash is expected for payments on account in Juna

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