$($d$)$ Prepare a cash budget in summary form for July.

Do not use negative signs with any answers below.

Peoria Supply Company

Cash Budget

For the Month of July

Cash receipts Answer

$44,500$

Cash disbursements:

Merchandise Answer

$18,500$

Selling and administrative Answer

$115,000$

Answer

$142,000$

Excess receipts $($disbursements$)$ Answer

$(97,500)$