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Delleate Inc

Question 54

Multiple Choice

Delleate Inc. has prepared the following purchases budget: Delleate Inc. has prepared the following purchases budget:   All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase. Calculate balance of Accounts payable at the end of October. A) $77,680 B) $91,760 C) $69,330 D) $74,290 All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase. Calculate balance of Accounts payable at the end of October.


A) $77,680
B) $91,760
C) $69,330
D) $74,290

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