bank. 5. A $20,000 income tax deposit is due to the federal government during May. 6. A new delivery truck will be purchased during May for $8,000 cash and an $8,000 note payable. Depreciation for May will be $550. Prepare a cash budget for Campton Company for the month of May 2019. Campton Company Cash Budget For the Month Ended May 31, 2019 Beginning cash balance Cash receipts: Cash sales Collections on credit sales Cash available Cash disbursements: 0 0 0 Payments for merchandise 0 Salaries and operating expense payments 0 Principal and interest payment Income tax deposit Payment on truck Total cash disbursements Ending cash balance Check 0 $ 0 0 Save Answers Next >