QS $20-26$A $($Algo$)$ Merchandising: Cash payments for merchandise LO P$4$

Garda purchased $$640,000$ of merchandise in August and budgets merchandise purchases of $$790,000$ in September. Merchandise purchases are paid as follows: $35\%$ in the month of purchase and $65\%$ in the month after the purchase.

Prepare a schedule of cash payments for merchandise purchases for September.

$\backslash$table$[[$GARDA$],[$Schedule of Cash Payments for Merchandise Purchases$],[$Merchandise purchases,September$],[$Cash payments for,$],[$Current period purchases,$],[$Prior period purchases,$],[$Total cash payments for merchandise purchases,$]]$