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. Cash Budget for 2022 Opening Cash Balance $75,000 Sales (50% Cash 50% AR) Q1 $120,000 Q2 10% more than Q1 Q3 5% more than
. Cash Budget for 2022
Opening Cash Balance $75,000
Sales (50% Cash 50% AR)
Q1 $120,000
Q2 10% more than Q1
Q3 5% more than Q1
Q4 Same as Q1
AR pays in next Quarter
AR Q4 2021 $45,000
Find Cash Receipts for Q1 to Q4 of 2022
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Internal Auditing Assurance & Advisory Services
Authors: Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Cris Riddle, Mark Salamasick, Paul J. Sobel
4th Edition
0894139878, 978-0894139871
