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Alisiya [41]
2 years ago
13

The following information is available for Conger Company for the month of January: expected cash receipts $59,000; expected cas

h disbursements $67,000; and cash balance on January 1, $12,000. Management wishes to maintain a minimum cash balance of $9,000.
Prepare a basic cash budget for the month of January.
Business
1 answer:
Otrada [13]2 years ago
8 0

Answer:

Basic cash budget for the month of January

Cash Receipts :

Receipts                               $59,000

Expenditures :

Disbursements                     $67,000

Net Cash                               ($8,000)

Beginning Balance               $12,000

Ending Balance                      $4,000

Loan amount                          $5,000

Explanation:

A Cash Budget gives an estimate of cash receipts and expenditures. It can also tell when and how much additional cash may be required to meet  minimum cash balances.

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Where do the prime minster lives
Tems11 [23]

Answer:

of which country!!!!!!!!!!!!!!!!!!!

The Prime Minister's official residence is 10 Downing Street; the Chancellor's official residence is Number 11. The government's Chief Whip has an official residence at Number 12. In practice, the individuals involved may live in different flats; the current Chief Whip actually lives at Number 9.

7 0
2 years ago
The adjusted trial balance of Bramble Corp. at December 31, 2019, includes the following accounts:
natulia [17]

Answer:

$11,400

Explanation:

                       Income Statement

         For the year ended December 31, 2019

Particulars                                                Amount

<u>Revenues</u>

Service revenue                                       $37,900

<u>Expense</u>

Salaries & wages expense       $16,000

Insurance expense                   $2,900

Rent expense                            $3,400  

Supplies expense                     $2,500

Depreciation expense              <u>$1,700</u>

Total expenses                                         <u>$26,500</u>

Net income (loss)                                     <u>$11,400</u>

4 0
3 years ago
In newspaper advertising, ________ advertising includes copy, illustrations or photos, headlines, coupons, and other visual comp
amm1812

Answer: Display

Explanation: Display advertising is a form of commercial solicitation that is made to sell some commodity, service or similar and is typically designed as an image or a photo. As such, it employs the use of visuals like images, copy, illustrations or photos, headlines, coupons, videos and other visual components on the networks of publishers.

7 0
2 years ago
What are you paying for when you lease a car? A.the purchase price of the car
N76 [4]

Answer:

D

Explanation:

when you lease a vehicle, your monthly payment will be calculated based on the vehicle's depreciation, or the change between its current value and its value at the end of the lease obviously plus interest and fees. .

5 0
2 years ago
Cycles de Oro produces 120,000 high-tek bikes a year and orders the brake assembly from IKON for $15.40 each. The order cost is
Ket [755]

Answer:

$3,412

Explanation:

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{120,000}\times \text{\$84}}{\text{\$2.31}}}

= 2,954 units

The carrying cost is

= $15.40 × 15%

= $2.31

The number of orders would be equal to

= Annual demand ÷ economic order quantity

= 120,000 ÷ 2,954 units

= 40.62 orders

Now The total cost of ordering cost is

Ordering cost = Number of orders × ordering cost per order

= 40.62 orders × $ 84

= $3,412

3 0
3 years ago
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