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1 Zisk Co. purchases raw materials on account. Budgeted purchase amounts are April, $94,000; May,...

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Accounting

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1 Zisk Co. purchases raw materials on account. Budgeted purchase amounts are April, $94,000; May, $124,000; and June, $134,000. Payments are made as follows: 70% in the month purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $36,000. 3.75 points Prepare a schedule of budgeted cash payments for April, May, and June. April May June 70% eBook Current month purchases Ending accounts payable Total purchases 30% Ask Print References May June Zisk Co. Schedule of Cash Payments For April, May, and June April Cash payments for: Current month purchases Prior month purchases Budgeted cash payments for materials

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