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2 years ago

Court Enterprises Inc. would like to prepare a summary cash budget for March. The following information is available:

Business

1 answer:

Vsevolod [243]2 years ago

6 0

Answer:

$8,500

Explanation:

The computation of the cash balance at the end of March is shown below:

Opening Cash Balance $3,000

Add: Cash Collection from Sales $53,500 (($50,000 × 65%) +($60,000 × 35%)

Total Cash Available $56,500

Less: Cash Payments

Inventory $19,000 (($20,000 × 50%) + ($18000 × 50%)

S&A Expense $4,000

Loan & Int Payment $25,000

Depreciation - (Non Cash Expense)

Closing Cash Balance $8,500

We simply added the cash receipts and deduct the cash payments to the opening cash balance so that the ending cash balance could come

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gogolik [260]

Answer:

$14

Explanation:

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Fee from producer = $10

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2 years ago

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1 year ago

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svet-max [94.6K]

Answer:

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Explanation:

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2 years ago

If the Budgetary fund balance account was debited when the budget was recorded in the City of Mustangville's General Fund, then:

Marysya12 [62]

Answer: a. appropriations exceed estimated revenues

Explanation:

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Y is attempting to reach the following stakeholders through its research information:

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To know more about stakeholders here:

brainly.com/question/23842144

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1 year ago