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Current Attempt in Progress Bonita Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master
Current Attempt in Progress Bonita Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the master budget for the first 2 quarters of 2022. All that remains in this process is the cash budget. The following information has been collected from other portions of the master budget and elsewhere. Beginning cash balance $34,800 Required minimum cash balance 29,000 Payment of income taxes (2nd quarter) 4,640 Professional salaries: 1st quarter 162,400 2nd quarter 162,400 Interest from investments (2nd quarter) 8.120
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