Question
bristol ltd settles their creditors' accounts as follows: 25% in the month of purchase and 75% in the month following purchase. for the month of
bristol ltd settles their creditors' accounts as follows: 25% in the month of purchase and 75% in the month following purchase. for the month of august their credit purchases totalled $32,000 and in september were $43,000. how much cash did bristol ltd pay to their creditors in the month of september?
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Financial Accounting
Authors: Michael J. Jones
2nd Edition
1119977150, 978-1119977155
