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Perry Company prepared the following purchases budget: Month Budgeted Purchases June $44.000 July $50,000 August $39,300 September $53,000 October $49.300 All purchases are paid for
Perry Company prepared the following purchases budget: Month Budgeted Purchases June $44.000 July $50,000 August $39,300 September $53,000 October $49.300 All purchases are paid for as follows: 5% two months after purchase, 35% in the following month, and 60% in the month of purchase. What are the total cash disbursements in August to account for the purchase of merchandise at Perry Company? O A. $23,580 OB. $43,280 OC. $50,095 OD. $45,865
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