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

eported on the month ended June 30 cash budget.
a.	Beginning cash balance on June 1, $94,600.
b.	Cash receipts from sales, $416,000.
c.	Budgeted cash disbursements for purchases, $271,000.
d.	Budgeted cash disbursements for salaries, $95,600.
e.	Other budgeted cash expenses, $57,600.
f.	Cash repayment of bank loan, $32,600.
g.	Budgeted depreciation expense, $34,600.

$19,200.

$53,800.

$76,800.

$86,400.

$111,400.

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Accounting Basics, Accounting

Category:- Accounting Basics
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