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Lough Company prepared the following purchases budget: All purchases are paid for as follows 25% two months after purchase 45% in the following month and
Lough Company prepared the following purchases budget: All purchases are paid for as follows 25% two months after purchase 45% in the following month and 30% in the month of purchase. What are the total cash disbursements in August to account for the purchase of merchandise at Lough Company? $45.670 $12,000 $44,100 $44,200
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