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Limbert Company prepared the following purchases budget th Mon January February March April May Budget Purchases $116,700 91,900 101,480 111,290 105,710 Purchases are paid for
Limbert Company prepared the following purchases budget th Mon January February March April May Budget Purchases $116,700 91,900 101,480 111,290 105,710 Purchases are paid for in the following manner 10 percent in the month of purchase 40 percent in the month after purchase 50 percent two month after purchase Prepare a schedule of cash disbursements for purchases for March through May. Cash Disbursements for Purchases For January For February For March For April For May Total Disbursement March April May Total
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