Beginning cash balance on March 1, $80,000.

Cash receipts from sales, $304,000.

Budgeted cash payments for direct materials,$132,000.

Budgeted cash payments for direct labor $79,000.

Other budgeted cash expenses, $37,000.

Cash repayment of bank loan, $13,000.

Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash disbursements for the month of March and the balance expected on March 31.

GADO COMPANY
Cash Budget
For Month Ended March 31
Direct materials
Total cash available
Cash payments for:
Total cash payments		0
		$0