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Need answers ASAP Ng Iho Pmanawa estimate the following for the six months ending 31 March next year: Cash balance 1 October this year (Overdraft)
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Ng lho Pmanawa estimate the following for the six months ending 31 March next year: Cash balance 1 October this year ($13,725) (Overdraft) Cash receipts from commissions $110,500 Cash payments for expenses $115,220 Proceeds from the sale of motor vehicle $7,800 Borrowing $7,000 Depreciation on equipment $3,380 The estimated cash balance at 31 March next year is: Select one: O a. $7,025 overdraft O b. $17,645 overdraft O c. $3,645 overdraft O d. $9,805 O e. None of these
Ng Iho Pmanawa estimate the following for the six months ending 31 March next year:
Cash balance 1 October this year (Overdraft) | ($13,725) |
Cash receipts from commissions | $110,500 |
Cash payments for expenses | $115,220 |
Proceeds from the sale of motor vehicle | $7,800 |
Borrowing | $7,000 |
Depreciation on equipment | $3,380 |
The estimated cash balance at 31 March next year is:
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