Use the following information Prepare a cash budget for the month end.docx
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Use the following information Prepare a cash budget for the month end.docx
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Use the following information 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 GADO MERCHANDISING COMPANY Cash Budget For the Month of March .
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Use the following information Prepare a cash budget for the month end.docx
- 1. Use the following information 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. Use the following information Solution GADO MERCHANDISING COMPANY Cash Budget For the Month of March Particulars Amount ($) Opening Cash At the Beg. of the month 72000 Add : Cash Receipts 300000 Total Expected Cash Receipts 372000 Less: Expected Cash Disbursements For Purchases 140000 For Salaries 80000 For cash Expenses 45000 For Loan Repayment 20000 Total Expected Disbursement 285000 Expected Cash available at the end of the month 87000