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MOROS Carret Shroeder Budget from Budgeted Transactions McCall Company anticipates a cash balance of $100.000 only 1, 2019. The following budgeted transactions for July 2019

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MOROS Carret Shroeder Budget from Budgeted Transactions McCall Company anticipates a cash balance of $100.000 only 1, 2019. The following budgeted transactions for July 2019 present data related to anticipated cash receipts and cash disbursements 1. For July, budgeted cash sales are 572.000 and budgeted credit sales are 5600,000. (Credit sales for June were 5550,000.) in the month of sale of credit sales are collected with the balance collected in the month following sale. 2. Budgeted merchandise purchases for July are $340,000. (Merchandise purchases in were 1290,000) in the month of purchase of merchandise purchases are pad for and the balance is paid for the following month 3. Budgeted cash disbursements for salaries and operating expenses for July total 200.000 4. During July 30.000 of print prepayment and 55.000 of interest payment are due to the bank S. A $25.000 income tax depois due to the federal government during 6. A new very truck will be purchased turn for 57.000 cash and a 510.000 ore payable. Depreciation for jul we be 1600 Prepare a cash budget for company for the month of July 2015 Support Car

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