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Question 15 Husky Company makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase: 50% Paid in the
Question 15 Husky Company makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase: 50% Paid in the first month following purchase: 40% Pald in the second month following purchase: 10% If budgeted purchases for April, May, and June are $30,000, $45,000, and $20,000, respectively, what is the firm's budgeted accounts payable balance on June 30? O None of these O $31,000 O $35,000 O $6,500 O $14,500 Paid in the first month following purchase: 40% None of thene suscon 535000 58,600 siafoco
Question 15 Husky Company makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase: 50% Paid in the first month following purchase: 40% Pald in the second month following purchase: 10% If budgeted purchases for April, May, and June are $30,000, $45,000, and $20,000, respectively, what is the firm's budgeted accounts payable balance on June 30? O None of these O $31,000 O $35,000 O $6,500 O $14,500
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