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Business, 31.07.2020 05:01 keke6361

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.

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Zisk Co. purchases raw materials on account. Budgeted purchase amounts are: April, $99,000; May, $12...
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