Managerial accounting :Direct materials purchases are paid 70% in the quarter purchase and 30% in the next quarter per pair Bradley companies budget income statement for the first quarter of twenty Direct materials purchases are paid 70% in the quarter purchase and 30% in the next quarter per pair Bradley companies budget income statement for the first quarter of 20 19 for the quarter ended March 31, 2019

Data Table Bradley Company Post-Closing Trial Balance December 31, 2018 Account Debit Credit Cash S 15,000 23,200 11,000 25,900 125,000 Accounts Receivable Raw Materials inventory Finished Goods Inventory Equipment Accumulated Depreciation Accounts Payable Common Stock Retained Earnings s 35.000 13,600 150.000 1.500 200.100 S200.100 s Totais PrintDone Clear All Data Table Bradley Company Post-Closing Trial Balance December 31, 2018 Account Debit Credit Cash S 15,000 23,200 11,000 25,900 125,000 Accounts Receivable Raw Materials inventory Finished Goods Inventory Equipment Accumulated Depreciation Accounts Payable Common Stock Retained Earnings s 35.000 13,600 150.000 1.500 200.100 S200.100 s Totais PrintDone Clear All