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VH Corporation prepared the following purchases budget: Month June July August September October Budgeted Purchases $35,700 $41,200 $38,100 $45,800 $48,000 All purchases are paid for
VH Corporation prepared the following purchases budget: Month June July August September October Budgeted Purchases $35,700 $41,200 $38,100 $45,800 $48,000 All purchases are paid for as follows: 60% in the month of purchase, 35% in the following month, and 5% two months aft purchase. What are the total cash disbursements in October to account for the purchase of merchandise at VH Corporation? $48,000 $28,800 $46,735 $39,065
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