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Garda purchased $680,000 of merchandise in August and budgets merchandise purchases of $670,000 in September. Merchandise purchases are paid as follows: 25% in the month

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Garda purchased $680,000 of merchandise in August and budgets merchandise purchases of $670,000 in September. Merchandise purchases are paid as follows: 25% in the month of purchase and 75% in the month after the purchase, Prepare a schedule of cash payments for merchandise purchases for September

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