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Chaterlain Company Is Preparing Its Budget for the 3rd Quarter

Question 52

Multiple Choice

Chaterlain Company is preparing its budget for the 3rd quarter. The cash balance on June 30 was $30,000. Additional budgeted data is provided here: Chaterlain Company is preparing its budget for the 3<sup>rd</sup> quarter. The cash balance on June 30 was $30,000. Additional budgeted data is provided here: What amount should be shown in the cash budget for the cash balance at the end of July? A) $19,100 B) $30,000 C) $29,050 D) $42,200 What amount should be shown in the cash budget for the cash balance at the end of July?


A) $19,100
B) $30,000
C) $29,050
D) $42,200

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