The following information is available for Bohemia Company for the month of June: expected cash receipts ($

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The following information is available for Bohemia Company for the month of June: expected cash receipts \(\$ 73,000\), expected cash disbursements \(\$ 81,000\), and cash balance on June 1 , \(\$ 10,000\). Management wishes to maintain a minimum cash balance of \(\$ 11,000\). Prepare a basic cash budget for the month of June.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119791089

10th Edition

Authors: Paul D. Kimmel,  Jerry J. Weygandt,  Jill E. Mitchell

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