March foting Voice To Required: Rese 4. Prepare the budget for inntry purchases. December December Inventory Purchases Budget October November October November Budgeted cost of sale (% Sales) More: Desired final inventory (% of next month's cost of selling) Required inventory Less: Initial inventory Quantity to buy Jimenez Company's suppliers require that 65% of inventory purchases be paid for the month the purchase is made and 35% be paid in the month following the month of purchase B. Prepare the Cash Payments for Inventory Purchases Schedule Detail of payment for Inventory Purchases (Cash Payments for Inventory Purchases) October Maybe Desember yes 16 Editing V ter series Jimenez Company's suppliers require that 65% of inventory purchases be paid for the month the purchase is made and 35% be paid in the month following the month of purchase Prepare the Cash Payments for Invertory Purchases Schedule Detail of payment for Inventory Purchases (Cash Payments for Inventory Purchase October November December October November December Purchases of the month % Purchases of the month anterior Total Para Eating J. Prepare a Cash Budget collections, payments, minimum cash balance required (Cash Budent) for three months. Use the format provided L Annex 11) January February March Annie 1 Cash Budget Section 1 Cash Receipts Beginning Cash Balance Add Cash Receipts Total Cash Available Section 2: Cash Payments For Inventory purchases For S&A expenses For interest expens For purchase of equipment and Total Budgeted disbursements (b) Section 3: Financi Activities Surplas (Shortago) () (b) Borrowlog (Repayment) Ending Cash Balance March foting Voice To Required: Rese 4. Prepare the budget for inntry purchases. December December Inventory Purchases Budget October November October November Budgeted cost of sale (% Sales) More: Desired final inventory (% of next month's cost of selling) Required inventory Less: Initial inventory Quantity to buy Jimenez Company's suppliers require that 65% of inventory purchases be paid for the month the purchase is made and 35% be paid in the month following the month of purchase B. Prepare the Cash Payments for Inventory Purchases Schedule Detail of payment for Inventory Purchases (Cash Payments for Inventory Purchases) October Maybe Desember yes 16 Editing V ter series Jimenez Company's suppliers require that 65% of inventory purchases be paid for the month the purchase is made and 35% be paid in the month following the month of purchase Prepare the Cash Payments for Invertory Purchases Schedule Detail of payment for Inventory Purchases (Cash Payments for Inventory Purchase October November December October November December Purchases of the month % Purchases of the month anterior Total Para Eating J. Prepare a Cash Budget collections, payments, minimum cash balance required (Cash Budent) for three months. Use the format provided L Annex 11) January February March Annie 1 Cash Budget Section 1 Cash Receipts Beginning Cash Balance Add Cash Receipts Total Cash Available Section 2: Cash Payments For Inventory purchases For S&A expenses For interest expens For purchase of equipment and Total Budgeted disbursements (b) Section 3: Financi Activities Surplas (Shortago) () (b) Borrowlog (Repayment) Ending Cash Balance