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JMJ IUI income taxes QUESTION 7 Goblet Co. is working on its cash budget for September. The budgeteinning cash balance is $50,000. Budgeted cash receipts

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JMJ IUI income taxes QUESTION 7 Goblet Co. is working on its cash budget for September. The budgeteinning cash balance is $50,000. Budgeted cash receipts total $189,000 and budgeted cash disbursements total $174,000. The desid endin alance is $56,000. The excess or (deficiency of cash available over disbursements for September will be: $35,000 $121,000 $15,000 $65,000 QUESTION 8 Which of the following is the usual starting point for the master budget? A. Direct Labor Budget B. Cash Budget C. Sales Budget D. Selling and Administrative expense budget QUESTION 9 Save A

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