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Smith Corporation budget included the following for the month one Cash receipts 5125,000 Purchase of merchandise 375,000 Salaries and 360.000 Uits expense $15,000 Depreciation expense
Smith Corporation budget included the following for the month one Cash receipts 5125,000 Purchase of merchandise 375,000 Salaries and 360.000 Uits expense $15,000 Depreciation expense $15,000 In addition, Smith requires a minimum cash balance of $10,000 toch month and Loans that most comment at the beginning of the month. Any excess oth is used to repay a month and time with Complete the blanke below to prepare the monthly cash budget for June Answers in the first (left) column should contain words. Answers in the second column should con Do not use commas. dollar signs, or decimals in your numbers. Round to the whole or two answer is 0. you must enter the 0
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