Question
Lindell Company made direct material purchases of $50,400 and $62,400 in September and October, respectively. The company pays 60% of its purchases in the month
Lindell Company made direct material purchases of $50,400 and $62,400 in September and October, respectively. The company pays 60% of its purchases in the month of purchase and 40% is paid in the following month.
How much cash was paid for purchases in October?
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A Simplify Way Of Practicalise Auditing Profession
Authors: DR LUKMAN A ABATAN
1st Edition
B09YVKHT6X, 979-8800165050
