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Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget
Posted: Wed Jul 06, 2022 6:10 am
by answerhappygod
- Use The Following Information To Determine The Ending Cash Balance To Be Reported On The Month Ended June 30 Cash Budget 1 (42.39 KiB) Viewed 13 times
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget. Beginning cash balance on June 1, $73,000. Cash receipts from sales, $413,000. Budgeted cash disbursements for purchases, $268.000. Budgeted cash disbursements for salaries, $35,000. Other budgeted cash expenses, $57,000. Cash repayment of bank loan, $32,000. Budgeted depreciation expense, $34,000. $94,000. $60,000. $149,000. O $126,000. $21.000.