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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

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
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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