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Use the following information to determine the ending cash balance to be reported on the June 30 cash budget. a. Beginning cash balance on June
Use the following information to determine the ending cash balance to be reported on the June 30 cash budget. a. Beginning cash balance on June 1,$82,500. b. Cash receipts from sales, $350,000. c. Budgeted cash disbursements for purchases, $225,000. d. Budgeted cash disbursements for salaries, $87,800. e. Other budgeted cash expenses, $45,650. f. Cash repayment of bank loan, $18,500. g. Budgeted depreciation expense, $25,675. $48,375. $55,550. $74,050. $29,875. $34,875
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