Charlie's Chocolates' had stock issuances of $64,000 and dividends of $27,000. The company has revenues of $97,000 and expenses
1 answer:
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Answer:
$423,000
Explanation:
Initial accounts payable added to any purchases made during the period must equal ending accounts payable plus cash payments. Therefore, the amount of budgeted cash payments is:
The amount of budgeted cash payments is $423,000.