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Consider the following June actual ending balances and July 3 1 , 2 0 2 4 budgeted amounts for Oleans: ( Click the icon to
Consider the following June actual ending balances and July budgeted amounts for Oleans:
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Stock
tableMerch.,,,,Accum.,,Accounts,,holders'Cash,ARInventory,Furniture,Deprec.Payable,equityJune balance,,
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a June Merchandise Inventory balance, $
b July purchase of Merchandise Inventory, $ paid in cash
c July payments of Accounts Payable, $
d June Accounts Payable balance, $
e June Furniture and Fixtures balance, $; Accumulated Depreciation balance, $
f June total stockholders' equity balance, $
g July Depreciation Expense, $
h Cost of Goods Sold, of sales
i Other July expenses, including income tax, $ paid in cash
j June Cash balance, $
k July budgeted sales on account, $
I. June Accounts Receivable balance $
m July cash receipts from payments on account, $
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