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Estate Corp., has the following information: Month Budgeted Purchases January $27,600 February 29,900 March 29,500 April 29,680 May 26,680 Purchases are paid for in
Estate Corp., has the following information: Month Budgeted Purchases January $27,600 February 29,900 March 29,500 April 29,680 May 26,680 Purchases are paid for in the following manner 10% of the purchase amount in the month of purchase 50% of the purchase amount in the month after purchase 40% of the purchase amount in the second month after purchase What is the expected balance in Accounts Payable as of March 317 OA. $26,550 B. $14,750 O C. $2,990 OD. $36,510
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