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Tom & Jerry Manufacturers is a global provider of sustainable packaging products and manufactures plastic products made up of 1 0 0 % recycled plastics
Tom & Jerry Manufacturers is a global provider of sustainable packaging products and manufactures plastic products made up of recycled plastics bottles and bags. The company procures all raw materials on credit. of procured materials are paid for in the quarter of purchase while are paid for in the following quarter. Materials amounting to R were procured in the last quarter of the year ended on December The company conducted a needs analysis as a result the procurement of the following raw materials is expected as detailed below.:
Quarter : R;
Quarter : R;
Quarter : R and
Quarter : R
Using this information, prepare a schedule showing anticipated payments for accounts payable for materials for the year ending December
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