User Account

All Pages

Compute the estimated cash disbursements for July

Assignment Help Accounting Basics
Reference no: EM133041073

Question - Budgeting cash disbursements - A city is preparing its cash forecast for the month of July. Based on the following information, compute the estimated cash disbursements for July.

Items vouchered in July $650,000

Estimated payments in July for items vouchered in July 50%

Items vouchered in June $400,000

Estimated payments in July for all items vouchered in June 70%

Estimated payments in July for items vouchered prior to June $50,000

Items vouchered in June but returned in July before payment was made $20,000

Reference no: EM133041073

Questions Cloud

Teamwork analysis essay : Identify a past team assignment that you worked on in your previous or current workplace.
Stages to leadership development : The four leader styles are described as static categories. Path-goal theory doesn't explain how a person learns or develops a leadership style. Are there stages
Are dominant designs good for consumers : Are dominant designs good for consumers? Competitors? Complementors? Suppliers? The economy? Provide support for your explanation along with 2-3 example designs
Prepare Zain Corporation journal entries : Prepare Zain Corporation's journal entries to record the business combination of Zain and VIVA Company on April 31, 2019
Compute the estimated cash disbursements for July : A city is preparing its cash forecast for the month of July. Based on the following information, compute the estimated cash disbursements for July
Does technology promote loneliness : Does Technology Promote Loneliness and Is Citizen Privacy or National Security More Important
What is the average utilization of your resources now : Assume the following amount of work in seconds is required at each station: A: 30 secs, B: 27 secs, What is the average utilization of your resources now (in %)
Driving motivator for the merger : A soft drink company has recently merged with a snack foods company to form a larger organization that intends to pursue international export opportunities.
Prepare entries for income tax : Prepare entries for income tax, both current and deferred Portion. Previous payments aggregating PP500,000 were Charged to Income Tax Expense

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd