What are the estimated cash disbursements for inventories in June?Multiple Choice$405,840.$432,450.$424,850.$335,000. The Express Company is preparing its cash budget for the month of June. The following information is available concerning its inventories:Inventories at beginning of JuneEstimated purchases of JuneEstimated cost of goods sold for JuneEstimated payments in June for purchases in MayEstimated payments in June for purchases prior to MayEstimated payments in June for purchases in June$ 83,500362,000369,50088,25047,000B0What are the estimated cash disbursements for inventories in June?Multple Choice$405,840.O $432,450.

Lets understand the basics. Management prepares cash collection and cash disbursement schedule to…

The Express Company is preparing its cash budget for the month of June. The following information is available concerning its inventories: Inventories at beginning of June Estimated purchases of June Estinated cost of goods sold for June Estimated payments in June for purchases in May Estimated payments in June for purchases prior to May Estimated payments in June for purchases in June $ 83,500 362,000 369,500 88,250 47,000 80 What are the estimated cash disbursements for inventories in June? Multiple Choice $405.840. $432,450.

The Express Company is preparing its cash budget for the month of June. The following information is available concerning its inventories: Inventories at beginning of June Estimated purchases of June Estinated cost of goods sold for June Estimated payments in June for purchases in May Estimated payments in June for purchases prior to May Estimated payments in June for purchases in June $ 83,500 362,000 369,500 88,250 47,000 80 What are the estimated cash disbursements for inventories in June? Multiple Choice $405.840. $432,450.

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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