Company incurred following operating expenses, including depreciation of $500 each month, during the first three months of year. January- $5,000 February- $4,750 March- $5,200 It pays half of the expenses in the same month and remaining half expenses in the next month. What is the cash payment in the month of March? $5,200 $4,975 $4,475 Some other amount.
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Explanation:
500 each month, during the first three months of year.
January- $5,000 February- $4,750 March- $5,200
It pays half of the expenses in the same month and remaining half expenses in the next month.
What is the cash payment in the month of March$5,200 $4,975 $4,475 Some other amount.
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