Exercise 20-19 Budgeted cash payments LO P2 Zisk Co purchases raw materials on account. Budgeted purchase amounts are April $98,000: May, $128.000; and June $138.000, 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 $40.000 Prepare a schedule of budgeted cash payments for Apill. May, and June April May June Current month purchases Ending accounts payable Total purchases 70% 30% Zisk Co. Schedule of Cash Payments For April May, and June April Cash payments for Current month purchases Pror month purchases Budgeted cash payments for materials May June