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Goliath Company prepared the following purchases budget: All purchases are paid for as follows: 30% in the month of purchase, 45% in the following month,
Goliath Company prepared the following purchases budget: All purchases are paid for as follows: 30% in the month of purchase, 45% in the following month, and 25% two months after purchase. What are the total cash disbursements in August to account for the purchase of merchandise at Goliath Company? A) $45, 330 B) $31,005 C) $39, 905 D) $11, 880
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