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JUN 2 Data negative a stores operation . Sales are budgeted at $220.000 for overobes, 5210.000 for December, 2019 Collections are expected to be in
JUN 2 Data negative a stores operation . Sales are budgeted at $220.000 for overobes, 5210.000 for December, 2019 Collections are expected to be in the month of sted on the more The cost of goods sold is 65% The company would be to maintain ending merchandise roventos em to 9918, teenoor is not a Payment for merchandise is made in the month to own the parties Other monthly expenses to be paid in cash are $22.900 Monthly depreciation is $13.900 ignore taxes 522300 Balance Street October 31 Assets Cash Accounts receivable Merchandise inventory Property, plant and equipevent, niet of $574 300 accumulated depreciation Total assets 722200 12225 104.300 5127.125 5256.300 822 300 194535 $1273 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders equity Mes Balance Sheet October 31 Assets Cash Accounts receivable Merchandise wertory Property, plant and equipment, net of 5574200 stumdated depreciation Total assets $12.95 12230 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity 11273125 The difference between cash receipts and cash disbursements for December wudd be $56.750 $42.563 $98,100 $29225 MacB Previous
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