What are the estimated cash disbursements for inventories, Accounting Basics

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What are the estimated cash disbursements for inventories

The Jack Company is preparing its cash budget for the month of June. The following information is available concerning its inventories:

Inventories at beginning of June $67,500
Estimated purchases for June $330,000
Estimated cost of goods sold for June $337,500
Estimated payments in June for purchases in May $56,250
Estimated payments in June for purchases prior to May $15,000
Estimated payments in June for purchases in June %80

What are the estimated cash disbursements for inventories in June?

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Accounting Basics: What are the estimated cash disbursements for inventories

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Accounting Basics: What are the estimated cash disbursements for inventories

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Recent Questions Asked Accounting Basics

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Accounting Basics: What are the estimated cash disbursements for inventories

Reference No:- TGS0710276

Recent Questions Asked Accounting Basics

Q : What is the amount of cash used by financing

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Q : Explain the intermediate calculations

Q : Company made purchases on account

Q : What are the estimated cash disbursements for inventories

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