(b) Spana Company has the following data: [Syarikat Spana mempunyai data berikut:] Table 4: Total Monthly Purchasing Budget [Jadual 4: Jumlah Belanjawan Pembelian Bulanan] Budgeted Purchases Month January February 220,000 185,000 March April May 240,000 155,000 180,000 Purchases are paid as follows: [Pembelian dibayar seperti berikut:] • 10% in the month of purchase [10% dalam bulan di beli] • 60% one month after purchase [60% sebulan selepas beli] • 30% two months after purchase [30% dua bulan selepas beli] Required: |Dikehendaki] (i) Develop a schedule of cash disbursements for purchases for March, April and May. [Bangunkan jadual pembayaran tunai untuk pembelian bagi Mac, April dan Mei.]

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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(b) Spana Company has the following data:
[Syarikat Spana mempunyai data berikut:)
Table 4: Total Monthly Purchasing Budget
[Jadual 4: Jumlah Belanjawan Pembelian Bulanan]
Month
January
February
March
Budgeted Purchases
220,000
185,000
240,000
155,000
180,000
April
May
Purchases are paid as follows:
[Pembelian dibayar seperti berikut:]
• 10% in the month of purchase
[10% dalam bulan di beli]
• 60% one month after purchase
[60% sebulan selepas beli]
30% two months after purchase
[30% dua bulan selepas beli]
Required:
(Dikehendaki)
(i) Develop a schedule of cash disbursements for purchases for March, April and May.
[Bangunkan jadual pembayaran tunai untuk pembelian bagi Mac, April dan Mei.]
Transcribed Image Text:(b) Spana Company has the following data: [Syarikat Spana mempunyai data berikut:) Table 4: Total Monthly Purchasing Budget [Jadual 4: Jumlah Belanjawan Pembelian Bulanan] Month January February March Budgeted Purchases 220,000 185,000 240,000 155,000 180,000 April May Purchases are paid as follows: [Pembelian dibayar seperti berikut:] • 10% in the month of purchase [10% dalam bulan di beli] • 60% one month after purchase [60% sebulan selepas beli] 30% two months after purchase [30% dua bulan selepas beli] Required: (Dikehendaki) (i) Develop a schedule of cash disbursements for purchases for March, April and May. [Bangunkan jadual pembayaran tunai untuk pembelian bagi Mac, April dan Mei.]
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