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Delleate Inc. has prepared the following purchases budget: All purchases are paid for as follows: 10% in the month of purchase, 50% in the following

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Delleate Inc. has prepared the following purchases budget: All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase. Calculate balance of Accounts payable at the end of October. $77,680 $91,760 $69,330 $74,290 Junk Fries has budgeted sales for June and July at $680,000 and $720,000, respectively. Sales are 80% credit, of which 70% is collected in the month of sale and 30% is collected in the following month. What is the accounts receivable balance on July 31? $200,300 $172,800 $158,200 $225,320 Dry Fruit Grocers a local grocer has budgeted inventory purchases as follows: October: $300,000 November: $350,000 December: $390,000 Dry Fruit Grocers pays for 20% of their purchases during the month of purchase, 70% during the month following the purchase, and the remaining 10% two months after the month of purchase. What is the budgeted accounts payable balance on December 31? $312,000 F292$347,000 $390,000 $425,000

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