Accounts payable Total Percen tage Februar y March April May June Cost of goods

# Accounts payable total percen tage februar y march

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Accounts payable Total* Percen tage Februar y March April May June Cost of goods sold: Febru ary \$ 3,150 ,000 0.30 \$ 945,0 00 March 2,800 ,000 0.70 1,960 ,000 March 2,800 ,000 0.30 \$ 840,0 00 April 3,675 ,000 0.70 2,572 ,500 April 3,675 ,000 0.30 \$ 1,102 ,500 May 4,025 ,000 0.70 2,817 ,500
May 4,025 ,000 0.30 \$ 1,207 ,500 June 4,550 ,000 0.70 3,185 ,000 \$ 2,905 ,000 \$ 3,412 ,500 \$ 3,920 ,000 \$ 4,392 ,500 Payme nts: Febru ary \$ 2,905 ,000 0.20 \$ 581,0 00 March 3,412 ,500 0.80 2,730 ,000 March 3,412 ,500 0.20 \$ 682,5 00 April 3,920 ,000 0.80 3,136 ,000 April 3,920 ,000 0.20 \$ 784,0 00 May 4,392 ,500 0.80 3,514 ,000 \$ 0 \$ 0 \$ 3,311 ,000 \$ 3,818 ,500 \$ 4,298 ,000 *For cost of goods sold, this amount is equal to 35% of sales. For payments, this amount is equal to the cost of goods sold. Wages 30% of current month sales. General and administrative (Total, less property taxes and depreciation) divided by 12. Income taxes 40% × \$3,300,000.

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• Spring '14
• Zeeshan
• Generally Accepted Accounting Principles, Alpha-Tech

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