QUESTION 4 Use the following information to answer question below. Tala Company has the following information: Month Budgeted Purchases January $33.000 February 37.000 March 31,000 April 30,000 May 27.680 Purchases are paid as follows 75% in the month of purchase 25% one month after purchase 4) What is the expected balance in Accounts Payable on April 30? 00 $7,500 $20,250 $30,000 QUESTION 3 Use the following information to answer question 1 below. The following sales budget has been prepared: Month September October November December Cash Sales $167,000 225.000 330,000 135,000 Credit Sales $123,000 180,000 210,000 190,000 Collections of credit sales are 50% in the month of sale, 40% in the month following sale, and 10% two months following sale 1) What are the estimated cash collections in December? O $135,000 O $197.000 $325,000 $332,000 Use the following information to answer question 3 below. Bahrain Company has the following information: Month January February March April May Budgeted Purchases $56,800 49,000 30,520 35,480 27,680 Purchases are paid as follows: 10% in the month of purchase 50% one month after purchase 40% two months after purchase 3) What is the estimated cash disbursement in May from April purchases? O $11,072 $11.792 $13,840 O $17,740 QUESTION 1 Use the following information to answer question 2 below. Rakan Company has the following sales budget Month Cash Sales Credit Sales September $100,000 $200,000 October 125,000 190,000 November 207.000 199,000 December 67,000 144,000 Collection of credit sales are 50% in the month of sale, 40% in the month following sale, and 109diwo months following sale 2) What is the expected balance of Accounts Receivable at October 31? O $95.000 $110,000 O $115,000 S180,000