Graded Practice #4 5 Sever 171 DO Vivian Books buys books and magazines directly from publishers and distributes them to grocery stores. The wholesaler expects to purchase the following inventory. Required purchases fon account April May $114,000 $134,000 $146,000 Vivian Books's accountant prepared the following schedule of cash payments for Inventory purchases. Vivian Books's suppliers require that 85 percent of purchases on account be paid in the month of purchase: the remaining 15 percent are paid in the month following the month of purchase. Required a Complete the schedule of cash payments for inventory purchases by filling in the missing amounts Schedule of Cash Payments for Inventory Purchas April May 10,000 $100,000 Payment for cument accounts payable $96.900 Payment for previout accounts payable Total budgeted payments for IME Graw < Prev 5 of 7 Next > Help Save & Exit Submit Check my work