Exercise 20-19 (Algo) Schedule of cash payments LO P2 Zisk Company purchases direct materials on...
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Exercise 20-19 (Algo) Schedule of cash payments LO P2 Zisk Company purchases direct materials on credit. Budgeted purchases are April, \$85,000; May, \$116,000; and June, \$126,000. Cash payments for purchoses are: 70% in the month of purchase and 30% in the first month after purchase. Purchases for March are $76,000. Prepare a schedule of cash payments for direct materials for April, May, and June
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