Shullsburg Cheese is located in the historic district of the quaint Victorian mining village of Shullsburg, Wisconsin. Our cheese factory manufactures Wisconsin's original cheeses and fresh, off the block Wisconsin cheese is our hallmark. Shullsburg is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000. Without any borrowing, the ending balance of cash will be: A)$42,000 B)$215,000 C) ($9,000) D)$24,000
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
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