Asked by Jayvion Pitts on May 27, 2024
Verified
December cash disbursements for merchandise purchases would be:
A) $139,500
B) $246,000
C) $240,000
D) $235,500
Cash Disbursements
The actual money or cash outflows paid out by a business, typically recorded in a cash disbursement journal.
Merchandise Purchases
The acquisition of goods for sale, usually finished goods, by a retail or wholesale business.
- Ascertain expected cash inflows and outflows from the given dataset.
Verified Answer
IH
Ida Helen Vasili-PajoMay 29, 2024
Final Answer :
B
Explanation : 
In December, the company will pay for November's purchases of $246,000.
In December, the company will pay for November's purchases of $246,000.
Learning Objectives
- Ascertain expected cash inflows and outflows from the given dataset.
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