Clipboard Font Alignment Number B29 fr 780,000/0.60 G H 102 5. Dover Water Cooler Company is preparing its cash budget for the month of June. Budgeted sales, cash receipts and cash payments for merchandise for June 2020 are as follows: 105 Sales Cash receipts $1,000,000 650,000 500,000 Cash payments for merchandise The beginning cash balance on June 1 is $100,000. Operating expenses are paid in the month incurred and consist of sales commissions (10% of sales), office salaries ($50,000 per month) and rent ($25,000 per month). 109 Prepare a cash budget for the month of June 2020. 111 112 Dover Water Cooler Company Cash Budget 6/30/20 Beginning cash balance 117 Cash receipts from sales 118 Total cash available 119 Cash disbursements: 120 Font Alignment Number B29 A Alignment Number X for 780,000 / 0.60 L B The beginning cash balance on June 1 is $100,000. Operating expenses are paid in the month incurred and consist of sales commissions (10% of sales), office salaries ($50,000 per month) and rent ($25,000 per month). 109 TTO Prepare a cash budget for the month of June 2020. 112 113 Dover Water Cooler Company Cash Budget 6/30/20 Beginning cash balance 117 Cash receipts from sales 118 Total cash available 119 Cash disbursements: 120 Total cash disbursements Ending cash balance 126 127 128 Problems Multiple Choice Ready