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The controller is waiting on Skysong's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Skysong has just received
The controller is waiting on Skysong's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Skysong has just received the DM purchases budget from production. That budget shows DM purchases of $83,200 in March and $82,000 in April. Skysong generally pays 30% of these purchases the month of purchase, with the remainder paid the next month. How much should Skysong budget for cash disbursements for the month of April? What is the budgeted balance of A/P going into May? Total cash disbursements A/P balance at end of April $ tA $
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