Star Moving Systems, Inc. has provided the following details for direct materials purchased on account in different months.

Jan$35,000

Feb28,000

March34,000

April39,000

May32,000

June29,000

The terms of payment offered by the suppliers are to pay 70% in the month of purchase and 30% in the following month. Calculate the payments on account made during the first six months (Complete the below table).

Answer:JanFebMarchAprilMayJune

Purchases on account:$x$x$x$x$x$x

Cash payments to suppliers:

In the month of purchase (70%)xxxxxx

In the next month: (30%)xxxxx

Total payments to suppliers$x$x$x$x$x$x