Zisk Company purchases direct materials on credit Budgeted purchases are April, $ 9 4 , 0 0 0 May, $ 1 2 4 , 0 0 0 and June, $ 1 3 4 , 0 0 0 Cash payments for purchases are 7 0 in the month of purchase and 3 0 in the first month after purchase Purchases for March are $ 8 4 , 0 0 0 Prepare a schedule of cash payments for direct materials for April, May, and June Zisk Company purchases direct materials on credit Budgeted purchases are April, $ 9 4 , 0 0 0 May, $ 1 2 4 , 0 0 0 and June, $ 1 3 4 , 0 0 0 Cash payments for purchases are 7 0 in the month of purchase and 3 0 in the first month after purchase Purchases for March are $ 8 4 , 0 0 0 Prepare a schedule of cash payments for direct materials for April, May, and June table ZISK COMPANY , Schedule of Cash Payments for Direct Materials,, , , April,May,June, , Materials purchases,,,, , Cash payments for ,,,, , , , , , , , , , , , Total cash payments,,,,

Question

Zisk Company purchases direct materials on credit  Budgeted purchases are April, $ 9 4 , 0 0 0   May, $ 1 2 4 , 0 0 0   and June, $ 1 3 4 , 0 0 0   Cash payments for purchases are  7 0   in the month of purchase and 3 0   in the first month after purchase  Purchases for March are $ 8 4 , 0 0 0   Prepare a schedule of cash payments for direct materials for April, May, and June Zisk Company purchases direct materials on credit  Budgeted purchases are April, $ 9 4 , 0 0 0   May, $ 1 2 4 , 0 0 0   and June, $ 1 3 4 , 0 0 0   Cash payments for purchases are  7 0   in the month of purchase and 3 0   in the first month after purchase  Purchases for March are $ 8 4 , 0 0 0   Prepare a schedule of cash payments for direct materials for April, May, and June    table     ZISK COMPANY   ,   Schedule of Cash Payments for Direct Materials,,   ,   , April,May,June,   ,   Materials purchases,,,,   ,   Cash payments for ,,,,   ,   , , , ,   ,   , , , ,   ,   Total cash payments,,,,

Accepted Answer

The Answer is in the image, click to view ...

Question

Zisk Company purchases direct materials on credit. Budgeted purchases are April, $ 9 4 , 0 0 0 ; May, $ 1 2 4 ,

Step by Step Solution

Step: 1

Get Instant Access with AI-Powered Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Students also viewed these Accounting questions

Question

Question

Question

Question

Question

Question

Question

Question

Question