Question: I need the answer as soon as possible Budgeted purchases for the Kelsey Company for the first quarter of next year are as follows: Budgeted

I need the answer as soon as possible

Budgeted purchases for the Kelsey Company for the first quarter of next year are as follows: Budgeted Purchases January $250,000 February $300,000 March $500,000 The company pays for 40% of their purchases in the month of purchase and 60% in the following month. Budgeted cash payments on accounts payable for February are: Select one: O a. $120,000 O b. $180,000 O c. $270,000 O d. $300,000

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