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Zisk Co. purchases raw materials on account. Budgeted purchase amounts are April, $93,000; May, $123,000; and June, $133,000. Payments are made as follows: 75% in
Zisk Co. purchases raw materials on account. Budgeted purchase amounts are April, $93,000; May, $123,000; and June, $133,000. Payments are made as follows: 75% in the month of purchase and 25% in the month after purchase. The March 31 balance of accounts payable is $35,000. Prepare a schedule of budgeted cash payments for April, May, and June.
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please follow what they have written here cause thats what is right
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