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Lough Company prepared the following purchases budget: All purchases are paid for as follows 15% two months after purchase, 40% in the following month and

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Lough Company prepared the following purchases budget: All purchases are paid for as follows 15% two months after purchase, 40% in the following month and 45% in the month of purchase. What are the total cash disbursements in August to account for the purchase of merchandise at Lough Company? $49,020 $17,460 $43,110 $44,370

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