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BamBam runs a small business. At the start of June she has 11737 in the bank. Revenue Bambam allows her customers one month credit period
BamBam runs a small business. At the start of June she has 11737 in the bank. Revenue Bambam allows her customers one month credit period and they usually take it. Sales for the quarter are below: May 4975 June 4087 July 4842 Payments Bambam has a great relationship with suppliers has two months credit period. Payments for the quarter are below: April 1998 May 2802 June 2090 Using a cash budget what will the cash closing balance be for June
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