Use the following information- a- Beginning cash balance on March 1- $.docx
Melden
slyndonFolgen
4. Feb 2023•0 gefällt mir•3 views
Use the following information- a- Beginning cash balance on March 1- $.docx
4. Feb 2023•0 gefällt mir•3 views
Melden
Bildung
Use the following information: a. Beginning cash balance on March 1, $72,000. b. Cash receipts from sales, $300,000. c. Budgeted cash disbursements for purchases, $140,000. d. Budgeted cash disbursements for salaries, $80,000. e. Other budgeted cash expenses, $45,000. f. Cash repayment of bank loan, $20,000. Prepare a cash budget for the month ended on March 31 for Gado Merchandising Company. The budget should show expected cash receipts and cash disbursements for the month of March and the balance expected on March 31. Solution Cash Budget As on 31st March .
Recomendados
1. Kayak Co. budgeted the following cash receipts (excluding cash .docxjackiewalcutt
Thornton Company is a retail company that specializes in selling out.pdffatoryoutlets
Minden Company is a wholesale distributor of premium European chocolat (1).docxLucasmHKChapmant
ACT 305 Module 6 Assignment Choice #1- Cost of ProductionJasonPrans
Jim Daniels Health Products has eight stores. The firm wants to expa.pdfsanjeevbansal1970
Garden Sales- Inc- sells garden supplies- Management is planning its c.docxfrancescaj1
Más contenido relacionado
Similar a Use the following information- a- Beginning cash balance on March 1- $.docx
Meyer Co- forecasts merchandise purchases of $15-800 in January- $18-6.docxscroghamtressie
15. bank reconciliation statement ii accounting workbook-zaheer-swatiZaheer Swati
Garden Sales, Incorporated, selis garden supplies. Management is plan.pdfalltiusind
Module 6 Critical Thinking Assignment Choice #1.docxmoirarandell
Homework 7 instructions help[The following informati.docxadampcarr67227
Sfbeatcourse
Más de slyndon
Use the table below to answer the following questions- A(4) ---------.docxslyndon
Use the Table x y 1 1 2 1+2 3 1+2+4 4 1+2+4+8 a-Extend the t.docxslyndon
Use the redox table below to answer the following questions- a) Would.docxslyndon
Use the References to access important values if needed for this quest (4).docxslyndon
Use the References to access important values if needed for this quest.docxslyndon
Use the power method- in Matlab to determine the highest eigenvalue an.docxslyndon
Último
The Parts of The SpeechPP.pdfNetziValdelomar1
CMC Neuroimaging Case Studies - Cerebral Venous Sinus ThrombosisSean M. Fox
Referencing and Its Styles And Citation.pptxTeerthanker Mahaveer University, Moradabad
Financing Higher Education in India.pptxShrutiMahanta1
Being at an RC: Expectations and Nitty-Gritty of Presentation Techniques, A R...Assoc. Prof. Dr. Vinod Kumar Kanvaria
Ethernet.pptDrTThendralCompSci
Use the following information- a- Beginning cash balance on March 1- $.docx
- 1. Use the following information: a. Beginning cash balance on March 1, $72,000. b. Cash receipts from sales, $300,000. c. Budgeted cash disbursements for purchases, $140,000. d. Budgeted cash disbursements for salaries, $80,000. e. Other budgeted cash expenses, $45,000. f. Cash repayment of bank loan, $20,000. Prepare a cash budget for the month ended on March 31 for Gado Merchandising Company. The budget should show expected cash receipts and cash disbursements for the month of March and the balance expected on March 31. Solution Cash Budget As on 31st March Cash Received for the month Amount($) Cash Receipt from Sales 300000 Cash Paid out for the month Budgeted cash disbursement for purchases 140000 Budgeted cash disbursement for Salaries 80000 Other Budgeted cash expenses 45000 Cash Repayment of Bank Loan 20000 Excess of cash received over expenses 15000