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  3. lough company prepared the following purchases bud

Lough Company prepared the following purchases budget: Month June Budgeted Purchases $43,000 $45,000 $39,300 $52,000...

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Accounting

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Lough Company prepared the following purchases budget: Month June Budgeted Purchases $43,000 $45,000 $39,300 $52,000 $48,100 August September October All purchases are paid for as follows: 5% two months after purchase, 40% in the following month, and 55% in the month of purchase What are the cash disbursements in October to account for the September purchases at Lough Company? OA. $52,000 B. $2,600 O c. $20,800 O D. $2,150

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