Magnolia candle co pays 10 of its purchases on account in


Magnolia Candle Co. pays 10% of its purchases on account in the month of the purchase and 90% in the month following the purchase. If purchases are budgeted to be $11,900 for March and $12,700 for April, what are the budgeted cash payments for purchases on account for April?

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Financial Accounting: Magnolia candle co pays 10 of its purchases on account in
Reference No:- TGS01047563

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