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Cash disbursements
Will you please help me solve this?
Purchases of inventory will total P25,000 for Sptember. 20% of a month's inventory purchases are paid for during the month of purchase. The accounts payable remaining from August's inventory purchases total P16,000, all of which will be paid in September. Prepare a schedule of expected cash disbursements during September for inventory purchases. |
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Please read this announcement. Ask Me Help Desk - Announcements in Forum : Homework Help We will help you, but first you need to make an attempt at it and show your work. That way we can see where you need help and can guide you. Start by thinking about what will actually be paid according to your problem - there will be payments for inventory purchases made both last month and this month. Thanks. |
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