Opening Cash Balance Add: Sales Particulars Less: Purchases Dividends paid Land Purchased Cash Balance Minimum Cash Balance to be Maintained Borrowing New Cash Balance April S $60,000 $405,200 $391.300 $38,000 . $35,900 $40,000 $4,100 $40,000 $40,000 May $690,400 $548,100 S $46,000 $136,300 $40,000 $ . $136,300 $136,300 $60,000 June $771,600 $1,867,200 $ $487,200 $1,426,600 $ $ . Total . $420,700 $40,000 $38,000 $46,000 $416,600 $4,100 $420,700 $420,700

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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3.
Opening Cash Balance
Add:
Sales
Less:
Particulars
Purchases
Dividends paid
Land Purchased
Cash Balance
Minimum Cash Balance
to be Maintained
Borrowing
New Cash Balance
4
Deficit
Surplus
S
April
$4,100
CASH BUDGET
April
$
May
S
.
$96,300
$60,000
$405.200
$391,300
$38,000
$35.900
$40,000
$4,100
$40,000
S
June
.
$380,700
$40,000
May
$690,400
$548,100
S
$46,000
$136,300
$40,000
$
$136,300
Total
$380,700
$136,300 $60,000
June
$771,600 $1,867,200
$
$487,200 $1,426,600
$
$420,700
$
Total
$40,000
.
$420,700
$38,000
$46,000
$416,600
$4,100
$420,700
Transcribed Image Text:3. Opening Cash Balance Add: Sales Less: Particulars Purchases Dividends paid Land Purchased Cash Balance Minimum Cash Balance to be Maintained Borrowing New Cash Balance 4 Deficit Surplus S April $4,100 CASH BUDGET April $ May S . $96,300 $60,000 $405.200 $391,300 $38,000 $35.900 $40,000 $4,100 $40,000 S June . $380,700 $40,000 May $690,400 $548,100 S $46,000 $136,300 $40,000 $ $136,300 Total $380,700 $136,300 $60,000 June $771,600 $1,867,200 $ $487,200 $1,426,600 $ $420,700 $ Total $40,000 . $420,700 $38,000 $46,000 $416,600 $4,100 $420,700
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