Lough Company prepared the following purchases budget: Month June July August September October Budgeted Purchases...
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Lough Company prepared the following purchases budget: Month June July August September October Budgeted Purchases $36,000 $42,000 $39,900 $51,000 $48,500 All purchases are paid for as follows: 10% two months after purchase, 609 What are the cash disbursements in August to account for the June purch O A. $3,600 O B. $30,600 O C. $10,800 O D. $21,600 hase, 60% in the following month, and 30% in the month of purchase. ne purchases at Lough Company
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