2. Answer choices: Yes or No

The owner of a plumbing supply company has requested a cash budget for June. After examining the records of the company, you find the following: a. Cash balance on June 1 is $936. b. Actual sales for April and May are as follows: 2% late fee, which is paid by those customers in addition to what they owe. The remaining sales are uncollectible. e. Salaries and wages total $11,750 per month, including a $4,500 salary paid to the owner. f. Rent is $4,100 per month. g. Taxes to be paid in June are $6,780. short-term loans. percentages as whole numbers. Pah QuANn+ 2. Conceptual Connection: Did the business show a negative cash balance for June