The cash receipt for each month as follows: Month 1 4,000 Month 2 6,000 Month 3 5,000 Month 4 7,000 Total sales 22,000 Purchases Month 1 6,000 Month 2 6,000 Month 3 4,000 Month 4 5,000 Total Purchases 21,000 The company has beginning cash for the of month 2 dollar 5594. the company has minimum cash Dollar 3026. What is amount of fun for the of 3? %24

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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The cash receipt for each month as follows:
Month 1
4,000
Month 2
6,000
Month 3
5,000
Month 4
7,000
Total sales
22,000
Purchases
Month 1
6,000
Month 2
6,000
Month 3
4,000
Month 4
5,000
Total Purchases
21,000
The company has beginning cash for the of month 2 dollar 5594.
the company has minimum cash Dollar 3026.
What is amount of fun for the of 3?
%24
Transcribed Image Text:The cash receipt for each month as follows: Month 1 4,000 Month 2 6,000 Month 3 5,000 Month 4 7,000 Total sales 22,000 Purchases Month 1 6,000 Month 2 6,000 Month 3 4,000 Month 4 5,000 Total Purchases 21,000 The company has beginning cash for the of month 2 dollar 5594. the company has minimum cash Dollar 3026. What is amount of fun for the of 3? %24
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