The following details have been extracted from the payables' records of X Co: Invoices paid in...

 

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The following details have been extracted from the payables' records of X Co: Invoices paid in the month of purchase 25% Invoices paid in the first month after purchase 70% Invoices paid in the second month after purchase 5% Purchases for July to September are budgeted as follows: July $250,000 August $300,000 September $280,000 For suppliers paid in the month of purchase, a settlement discount of 5% is received. What is the amount budgeted to be paid to suppliers in September? A. $278,500 B. $280,000 C. $292,500 D. $289,000 The following details have been extracted from the payables' records of X Co: Invoices paid in the month of purchase 25% Invoices paid in the first month after purchase 70% Invoices paid in the second month after purchase 5% Purchases for July to September are budgeted as follows: July $250,000 August $300,000 September $280,000 For suppliers paid in the month of purchase, a settlement discount of 5% is received. What is the amount budgeted to be paid to suppliers in September? A. $278,500 B. $280,000 C. $292,500 D. $289,000

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Amount budgeted to be pad in September 25 ... View the full answer