Question
How do you subtract the disbursements from the receipts? DATA December January February March Total Sales 825000 730000 840000 920000 Credit Sales 770000 690000 780000
How do you subtract the disbursements from the receipts?
DATA December January February March
Total Sales 825000 730000 840000 920000
Credit Sales 770000 690000 780000 855000
Cash Sales 55000 40000 60000 65000
Purchases 438000 504000 552000
CASH BUDGET
January February March
Receipts
Cash Sales 55000 40000 60000
Credit Sales 750000 712500 798750
TOTAL RECEIPTS 805000 752500 858750
Payments
Purchases 438000 504000 552000
Wages and salaries 250000 290000 290000
Rent 27000 27000 27000
Other Expenses 10000 12000 14000
Tax Payment 105000
Dividends 40000
Equipment 75000
TOTAL PAYMENT 830000 908000 923000
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
