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Torres Co . forecasts merchandise purchases of $ 1 6 , 8 0 0 in January, $ 1 8 , 6 0 0 in February,
Torres Co forecasts merchandise purchases of $ in January, $ in February, and $ in March; of purchases are paid in the month of purchase and are paid in the following month. At December of the prior year, the balance of Accounts Payable for December purchases is $
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