Cash management task 1.3 C

Asheikh

Hi,

Can someone please help me with the following question on the AAT practice assessment.

Purchases

The company pays its suppliers on the basis of 25% one month after the date of purchase, 40% two months after the date of purchase and 35% three months after the date of purchase.

At the end of period 3, the balance of trade payables is forecast to be:

Balance from Period 1 30135
Balance from Period 2 66900
Balance from Period 3 92400
Trade payables at the end of period 3 189435

complete the table below to identify the value of trade payables at the end of period 3 that will be paid in periods 4 and 5.

Settlement of trade payables Period 4 ?
Settlement of trade payables Period 5?

Help would be much appreciated!

Martih123

I'm having trouble working this one out too

Asheikh

i am waiting on someone to answer it.

Adele69

This sounds very familiar. I'm not studying Cash Management, though I have definitely read details of this question, have you tried searching other CM topics?

...and this isn't the post I was thinking about, though is the same question.
https://forums.aat.org.uk/Forum/discussion/444987/aat-cash-management-sample-assessent-1-task-3-c