Multiple Choice
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget. Beginning cash balance on June .
Cash receipts from sales, .
Budgeted cash disbursements for purchases, .
Budgeted cash disbursements for salaries, .
Other budgeted cash expenses, .
Cash repayment of bank loan, .
Budgeted depreciation expense, .
A) $126,000.
B) $21,000.
C) $60,000.
D) $149,000.
E) $94,000.
Correct Answer:

Verified
Correct Answer:
Verified
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