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The GHI Co purchases for the coming month are: April May June July Purchases 220,100 225,400 221,600 217,800 GHI pays for the purchases 80% in
- The GHI Co purchases for the coming month are:
| April | May | June | July |
Purchases | 220,100 | 225,400 | 221,600 | 217,800 |
GHI pays for the purchases 80% in the month of purchase and 20% the following month.
Required Prepare a cash payments budget for May through July
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