Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $96,000; May, $126,000; and June, $136,000. 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 $38,000. Prepare a schedule of budgeted cash payments for April, May, and June.

Zisk Co. purchases raw materlals on account Budgeted purchase amounts are: Apri, $96,000, May. $12 Payments are made as follows: 70% tn the month of purchase and 30% in the month after purchase. The payable Is $38,000 Prepare a schedule of budgeted cash payments for AprtMay, and June. Current month purchases Ending accounts payable 0% 30% Total purchases Zisk Co. Schedule of Cash Payments For April, May, and June June April May Cash payments for Current month purchases Prior month purchases Budgeted cash payments for materiais Prey e here to search