Use the following information to determine the ending cash

Reference no: EM13570032

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.a. Beginning cash balance on June 1, $94,000. b. Cash receipts from sales, $413,000. c. Budgeted cash disbursements for purchases, $268,000. d. Budgeted cash disbursements for salaries, $95,000.e. Other budgeted expenses, $57,000.f. Cash repayment of bank loan, $32,000.g. Budgeted depreciation expense, $34,000.

Reference no: EM13570032

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