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Lindell Company made direct material purchases of $48,800 and $60,800 in September and October, respectively. The company pays 60% of its purchases in the

 

Lindell Company made direct material purchases of $48,800 and $60,800 in September and October, respectively. The company pays 60% of its purchases in the month of purchase and 40% is paid in the following month. How much cash was paid for purchases in October? Cash paid for purchases in October

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