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jasmine rabah
on Dec 16, 2024

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The cash disbursements during the month of June for goods purchased for resale and for operating expenses should be:

A) $41,000.
B) $43,500.
C) $40,000.
D) $42,500.

Cash Disbursements

Outflows of cash for expenses, asset acquisitions, or other payments by a business during a specific period.

Operating Expenses

Recurring expenses related to the normal operations of a business, such as salaries, rent, and utilities.

Goods Purchased

The total value or volume of raw materials, components, or finished products acquired by a business for resale or production.

  • Understand and calculate cash disbursements for purchases and operating expenses.
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Kaitlyn BeckerDec 19, 2024
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