Business, 15.10.2019 21:30 babyface1686
Wateredge corporation has budgeted a total of $361,800 in costs and expenses for the upcoming quarter. of this amount, $45,000 represents depreciation expense and $7,300 represents the expiration of prepayments. wateredge's current payables balance is $265,000 at the beginning of the quarter. budgeted payments on current payables for the quarter amount to $370,000. the company's estimated current payables balance at the end of the quarter is:
(a) $179,500.
(b) $204,500.
(c) $203,500.
(d) $310,000.
Answers: 3
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