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A company reports the following information from its sales budget: Multiple Choice $78,750. $91,250. $67,500. $83,750. $105,000. Use the following information to determine the ending
A company reports the following information from its sales budget: Multiple Choice $78,750. $91,250. $67,500. $83,750. $105,000. Use the following information to determine the ending cash balance to be reported on the June 30 cash budget. a. Beginning cash balance on June 1,$95,800. b. Cash receipts from sales, $422,000. c. Budgeted cash disbursements for purchases, $277,000. d. Budgeted cash disbursements for salaries, $96,800. e. Other budgeted cash expenses, $58,800. f. Cash repayment of bank loan, $33,800. g. Budgeted depreciation expense, $35,800. Multiple Choice $74,400. $15,600. $85,200. $51,400. $110,200
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