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Jones Hospital has a beginning cash balance of $ 1 0 0 , 0 0 0 on June 3 0 th . Consider the following
Jones Hospital has a beginning cash balance of $ on June th Consider the following budgeted information for July:
a Collections on account in July: $
b Cash collected from patients in July: $
c Purchases of supplies in July on account: $ Payments for purchases are in the month of purchase and in the following month. The accounts payable balance on June th is $ and
will be paid in July.
d Salaries, wages, and other expenses paid in July: $
e Depreciation on the hospital and equipment: $
Prepare a cash budget in good form for the month of July. Label each line item.
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