Zisk Co. purchases raw materials on account. Budgeted purchase amounts are April, $99,000; May, $129,000; and June, $139,000. 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 $41,000. Prepare a schedule of budgeted cash payments for April, May, and June.

Ch.20 Budget Exercise Questions i Saved Help Save & Exit SL Check my w 6 Zisk Co. purchases raw materials on account. Budgeted purchase amounts are April, $99,000; May, $129,000; and June, $139,000. 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 $41,000. 0.35 points Prepare a schedule of budgeted cash payments for April, May, and June. April May June 70% eBook Current month purchases Ending accounts payable Total purchases 30% 0 $ 0 $ 0 Print References Zisk Co. Schedule of Cash Payments For April, May, and June April May June Cash payments for: Current month purchases Prior month purchases Budgeted cash payments for materials