What are budgeted cash payments for june


Calhoun Inc has forecast purchases on account to be $310,000 in March, $370,000 in April, $420,000 in May, and $490,000 in June. Seventy percent of purchases are paid for in the month of purchase, the remaining 30% are paid in the month. What are budgeted cash payments for June?

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Accounting Basics: What are budgeted cash payments for june
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