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Two questions please Hammond Com y ha budg cd purchases me ch disc i vo to y of $157 500 in Januan and $530 50C
Two questions please
Hammond Com y ha budg cd purchases me ch disc i vo to y of $157 500 in Januan and $530 50C in Frt Assume ammann pays for i ento y p rchasca 50% n the manmar m $97.77Pesaro a scheduk or cash payments for purchascs nor January and FCbuary. (ira box is not usod n lhe table loave the box ompry: do not cnnora zcro > p r hasc and 50% in he month mor purchase The Account Pavablc balance on Doc mber 3 Cash Payments January February Total merchandise inventory purchases January February Dec. 31 Accounts Payable, paid in J Ji n-an. merchandise Inventory purchases paid in Jan Jan-Jan merchandse Inventory purchases pald In Feb Total payments for merchandise inventory Enterary number in the erfit finds and then continue to thet next questianStep by Step Solution
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