Which of the following line items from a 3-month inventory purchases budget are presented on the pro forma financial statements? Assume that 40 % of accounts payable are paid in the month of purchase and 60% are paid the following month. (Select all that apply.) Check all that apply Total cost of goods sold (i.e. cost of budgeted sales) for the three months Desired ending inventory (i.e. ending inventory) for the last month Purchases for the last month will be shown as accounts payable on the balance sheet 60% of purchases for the last month shown as accounts payable on the balance sheet Total ending inventory for the three months Read about this Do you know the answer? Unsure No idea Think so I know it 15 items left to recharge