{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:48:58-04:00", "answer_date": "2024-06-29 02:48:58", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4452692", "url": "\/study-help\/questions\/help-tamarisk-corporation-is-projecting-a-cash-balance-of-31000-4452692", "question_creation_date_js": "2024-06-29T02:48:58-04:00", "question_creation_date": "Jun 29, 2024 02:48 AM", "meta_title": "[Solved] Help Tamarisk Corporation is projecting a | SolutionInn", "meta_description": "Answer of - Help Tamarisk Corporation is projecting a cash balance of $31,000 in its December 31, 2021, balance sheet. Tamarisk's | SolutionInn", "meta_keywords": "help,tamarisk,corporation,projecting,cash,balance,$31,000,december,31,2021,sheet,s", "question_title_h1": "Help Tamarisk Corporation is projecting a cash balance of $31,000 in its December 31, 2021, balance sheet. Tamarisk's schedule of expected collections from customers for", "question_title": "Help Tamarisk Corporation is projecting a cash balance of $31,000 in its", "question_title_for_js_snippet": "Help Tamarisk Corporation is projecting a cash balance of $31,000 in its December 31, 2021, balance sheet Tamarisk's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $179,000 The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $40,000 Other information gathered for the first quarter of 2022 is as follows sale of equipment $4,000 direct labour $77,000, manufacturing overhead $34,000 selling and administrative expenses $42,000 and purchase of securities $12,000 Tamarisk wants to maintain a balance of at least $24,000 cash at the end of each quarter Prepare a cash budget for the first quarter", "question_description": "

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\"image<\/div><\/div><\/div> Tamarisk Corporation is projecting a cash balance of $31,000 in its December 31, 2021, balance sheet. Tamarisk's schedule of expected collections from customers for the first quarter of 2022 shows total collections of $179,000. The schedule of expected payments for direct materials for the first quarter of 2022 shows total payments of $40,000. Other information gathered for the first quarter of 2022 is as follows: sale of equipment $4,000; direct labour $77,000, manufacturing overhead $34,000; selling and administrative expenses $42,000; and purchase of securities $12,000. Tamarisk wants to maintain a balance of at least $24,000 cash at the end of each quarter. Prepare a cash budget for the first quarter", "transcribed_text": "", "related_book": { "title": "Accounting Principles", "isbn": "1119491630, 978-1119491637, 978-0470534793", "edition": "10th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/54.jpg", "uri": "\/textbooks\/accounting-principles-10th-edition-54", "see_more_uri": "" }, "free_related_book": { "isbn": "0198808445", "uri": "\/textbooks\/international-organizations-and-the-fight-for-accountability-the-remedies-and-reparations-gap-1st-edition-9780198808442", "name": "International Organizations And The Fight For Accountability The Remedies And Reparations Gap", "edition": "1st Edition" }, "question_posted": "2024-06-29 02:48:58", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/determine-the-greatest-force-p-can-be-applied-to", "description": "Determine the greatest force P that can be applied to the frame if the largest force resultant acting at A can have a magnitude Fmax. 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