Question

When preparing the cash budget, all the following should be considered except: Group of answer choices Cash receipts from customers. Cash payments for merchandise. Depreciation expense. Cash payments for income taxes. Cash payments for capital expenditures.

Answer 1

Answer: Depreciation expenses

Explanation:

When preparing the cash budget, the things to be considered are the cash receipts from customers, cash payments for merchandise, cash payments for income taxes and the cash payments for capital expenditures.

The depreciation expenses is not considered because cash is not involved and it is a contra entry.