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Use the following information to answer the next two questions: Purchases on account are given below: JANUARY 25,000 FEBRUARY 30.000 MARCH 35.000 80% of the
Use the following information to answer the next two questions: Purchases on account are given below: JANUARY 25,000 FEBRUARY 30.000 MARCH 35.000 80% of the month's purchases will be paid in the month of the purchase, the remaining 20, will be paid in the following month. 9. How much will the cash payment be in February? a b. 24,000 25,000 29.000 30,000
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