Current Attempt in Progress The controller is waiting on Bramble's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Bramble has just received the DM purchases budget from production. That budget shows DM purchases of $81,500 in March and $78,000 in April. Bramble generally pays 30% of these purchases in the month of purchase, with the remainder paid the next month. How much should Bramble budget for cash disbursements for the month of April? What is the budgeted balance of A/P going into May? Total cash disbursements $ A/P balance at end of April $

Current Attempt in Progress The controller is waiting on Bramble's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Bramble has just received the DM purchases budget from production. That budget shows DM purchases of $81,500 in March and $78,000 in April. Bramble generally pays 30% of these purchases in the month of purchase, with the remainder paid the next month. How much should Bramble budget for cash disbursements for the month of April? What is the budgeted balance of A/P going into May? Total cash disbursements $ A/P balance at end of April $

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please help me with show all calculation thanku
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Current Attempt in Progress * Your answer is incorrect. The controller is waiting on Blue's budgeted cash disbursements so the cash budget can be wrapped up for next month, but Blue has just received the DM purchases budget from production. That budget shows DM purchases of $96,300 in March and $62,500 in April Blue generally pays 30% of these purchases in the month of purchase, with the remainder paid the next month. How much should Blue budget for cash disbursements for the month of Aprit? What is the budgeted balance of A/P going into May? $ Total cash disbursements A/P balance at end of April $ eTextbook and Media 129910 86160 Attempts: 1 of 2 used Submit Answer
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