Business, 04.12.2019 05:31 manny2822

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 1, $94,400.
cash receipts from sales, $415,000.
budgeted cash payments for purchases, $270,000.
budgeted cash payments for salaries, $95,400.
other budgeted cash expenses, $57,400.
cash repayment of bank loan, $32,400.
budgeted depreciation expense, $34,400.

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