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Business, 02.04.2020 01:54 naz731

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.

a. Beginning cash balance on June 1, $95,700.

b. Cash receipts from sales, $421,500.

c. Budgeted cash disbursements for purchases, $276,500.

d. Budgeted cash disbursements for salaries, $96,700.

e. Other budgeted cash expenses, $58,700.

f. Cash repayment of bank loan, $33,700.

g. Budgeted depreciation expense, $35,700.

i. $85,300.

ii. $15,900.

iii. $74,600.

iv. $51,600.

v. $110,300.

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