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Tyler Sheen is the owner of Pleasant Inn. He provided the selected opening balances as at June 1, 2020 and the budgeted information for June
Tyler Sheen is the owner of Pleasant Inn. He provided the selected opening balances as at June 1, 2020 and the budgeted information for June and July 2020. Selected Opening Balances as of June 1, 2020 Cash 5128,300 Accounts Receivable 56.000 inventory 195,000 Long term Assets 568.000 Accounts Payable 50.800 Shareholder's Equity 562.000 Budgeted Amounts For the month of June Total Revenue $300.000 Total General and Administration Costs 197,000 Total Capital Expenditures 194.000 For the month of July Total Revenue 496700 Total General and Administration Costs 248.000 Total Capital Expenditures 275.000 Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar 75 percent of the generandedministration codexdating Do not enter dollatsions or commes in the input ones. Found YouLower to the neatest dollar The company's monthly depreciation represents 20% of general and administration costs 75% percent of the general and administration costs (excluding depreciation) are paid in the month in which they are incurred, and the rest is recorded in accounts payable to be paid in the next month of the $14,000 capital expenditures for lune, $105.000 will be paid in July. The remaining amount will be paid in the month in which they are incatted ) Calodate the total cash disbursement for the month of one General Administration costs from May General Administration costs from June Capital Expenditures Total cash disbursement for lunes ti) Calculate the total cash disbursement for the month of July General Administration costs From June General Administration costs From July 5 Capital Expenditure from junes Capital Expenditure from Julys Total cash disbursement for July
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