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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

  1. 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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