5 Exercise 20-19 Budgeted cash payments LO P2 -6 Zisk Co. purchases raw materials on account Budgeted purchase amounts are April. $83,000. May $113,000; and June. $123,000 Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $25,000 Prepare a schedule of budgeted cash payments for Apell, May, and June points 8 0120:16 April May June eBook Current month purchases Ending accounts payable Total purchases 70% 3046 AS S 03 05 May June Zink 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