NEED HELP ASAPP Preparing an Accounts Payable Schedule Wight Inc. purchases...
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Accounting
NEED HELP ASAPP 
Preparing an Accounts Payable Schedule Wight Inc. purchases raw materials on account for use in production. The direct materials purchases budget shows the following expected purchases on account: Wight typically pays 35% on account in the month of billing and 65% the next month. Required: 1. How much cash is required for payments on account in May? 2. How much cash is expected for payments on account in June
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