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    Introduction to Management Accounting
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    Exam 7: Introduction to Budgets and Preparing the Master Budget
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    Peach Company Has the Following Information: Purchases Are Paid
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Peach Company Has the Following Information: Purchases Are Paid

Question 21

Question 21

Multiple Choice

Peach Company has the following information: Peach Company has the following information:   Purchases are paid as follows: 75% in the month of purchase 25% one month after purchase What is the estimated cash disbursement for purchases in March? A) $22,500 B) $24,750 C) $29,500 D) $39,000 Purchases are paid as follows:
75% in the month of purchase
25% one month after purchase
What is the estimated cash disbursement for purchases in March?


A) $22,500
B) $24,750
C) $29,500
D) $39,000

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