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Zisk Co purchases raw materials on account. Budgeted purchase amounts are April, $87,000 May, $117.000, and June, $127.000, Payments are made as follows: 70% in

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Zisk Co purchases raw materials on account. Budgeted purchase amounts are April, $87,000 May, $117.000, and June, $127.000, Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $29,000 Prepare a schedule of budgeted cash payments for April, May, and June 16:49 April May June Current month purchases 70% Ending accounts payable To purchases 30% no Zisk Co Schedule of Cash Payments For April, May, and June April May June Cash payments for Current month purchases Pro month purchases Budgeted cash payments for materials

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