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10 cards from this deck
Tool predicting when to pay suppliers for credit purchases
When cash payments will be made to suppliers
Paid in full the month following purchase
Opening balance maintained as base stock monthly
Total purchases = Cost of sales
20% cash, 80% credit
Sales × 100200\frac{100}{200}200100
Included in first payment month
Cash budget under 'Cash Payments'
February (following month rule)
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