From the information following for Catos Catering, prepare a cash budget for six months commencing April 1:
Question:
From the information following for Cato’s Catering, prepare a cash budget for six months commencing April 1:
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Sales Purchases Other Food February $30,000 $9,000 Beverage Food Beverage Wages Expenses $12,000 $4,400 $12,000 $10,300 March 31,000 9,600 12,500 4,800 12,400 10,400 April 34,000 10,800 13,600 5,400 13,000 10,800 May 35,600 12,600 14,000 6,400 13,800 11,200 June 46,000 13,800 14,600 6,800 15,000 11,600 July 50,000 16,200 16,600 8,200 14,800 11,400 August 45,000 14,200 14,600 7,200 13,400 10,600 September 40,800 13,000 14,200 6,400 12,200 10,200
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Related Book For
Hospitality Management Accounting
ISBN: 9780471092223
8th Edition
Authors: Martin G Jagels, Michael M Coltman
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