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Donaldson Company prepared the following purchases budget: Budgeted Purchases $34,100 $41,100 $39,000 $44,000 $49,000 Month June July August September October All purchases are paid for
Donaldson Company prepared the following purchases budget: Budgeted Purchases $34,100 $41,100 $39,000 $44,000 $49,000 Month June July August September October All purchases are paid for as follows: 30% in the month of purchase, 60% in the following month, and 10% two months after purchase. What are the cash disbursements in August to account for the June purchases at Donaldson Company? OA. $10,230 OB. $3,410 OC. $20,460 OD. $26,400 TEE 1 c 10 1 of 0 of
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