ter $22$ Graded HW #$2$

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QS $22-27$A $($Algo$)$ Merchandising: Schedule of cash payinents LO P$4$

Torres Company budgets merchandise purchases of $$15,800$ in January, $$18,600$ in February, and $$21,200$ in March. For those purchases, $60\%$ of purchases are paid in the month of purchase and $40\%$ are paid in the month after the purchase. The company purchased $$30,000$ of merchandise in December.

Prepare a schedule of cash payments for merchandise for the months of January, February, and March.

$\backslash$table$[[$TORRES COMPANY$],[$Cash Payments for Merchandise Purchases$],[,$January,February,March$],[$Merchandise purchases,$$,15,800,$$