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Jackson Ltd. is trying to decide whether it is going to need to take a loan in coming January to buy a new microcomputer
Jackson Ltd. is trying to decide whether it is going to need to take a loan in coming January to buy a new microcomputer system. The microcomputer will cost $10,080. The president, Daniel Jackson, has collected the following information about her operations as at December 31: 1. Balance of selected ledger accounts: Cash $3.360 Accounts payable 6.700 2. Sales history and forecast (unit selling price. $12): October (actual) $50.400) November (actual) 38.080 December (actual) 50,400 January (forecast) 67.200
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