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    cash disbursements

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    Dokken& Dietrich's Donut company pays 25% of its inventory purchases in the month of the purchase and the remainder in the following month. The company's inventory purchases totaled $840,000 in October, $920,000 in November, and $600,000 in December. The company also paid for new equipment with a total cost of $380,000 in November and made a tax payment of $130,000 in December. Salaries and wages were $300,000 in November and $275,000 in December.
    Determine the firm's cash disbursements for November and December

    © BrainMass Inc. brainmass.com June 3, 2020, 5:20 pm ad1c9bdddf
    https://brainmass.com/business/accounting/cash-disbursements-22569

    Solution Summary

    The expert determines the firm's cash disbursement for November and December.

    $2.19

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