Zisk Co. purchases raw materials on account, Budgeted purchase amounts are: Apri, $95,000: May, $125,000:...

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Accounting

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Zisk Co. purchases raw materials on account, Budgeted purchase amounts are: Apri, $95,000: May, $125,000: and june, $135,00o. 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 $37.000 Prepare a schedule of budgeted cash payments for April, May, and June. 75% 25% Co. Schedule of Cash Payments May, and June April Cash for for

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