Question
Goliath Company prepared the following purchases budget: Month Budgeted Purchases June $35,900 July $41,700 August $38,300 September $44,500 October $48,400 All purchases are paid for
Goliath Company prepared the following purchases budget:
| Month | Budgeted Purchases |
| June | $35,900 |
| July | $41,700 |
| August | $38,300 |
| September | $44,500 |
| October | $48,400 |
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 cash disbursements in October to account for the September purchases at Goliath Company?
| A) | $20,025 | |
| B) | $11,125 | |
| C) | $92,900 | |
| D) | $8975 |
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Azure Security For Critical Workloads Implementing Modern Security Controls For Authentication Authorization And Auditing
Authors: Sagar Lad
1st Edition
1484289358, 978-1484289358
