8] Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
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eported on the month ended June 30 cash budget.
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a.
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Beginning cash balance on June 1, $94,600.
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b.
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Cash receipts from sales, $416,000.
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c.
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Budgeted cash disbursements for purchases, $271,000.
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d.
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Budgeted cash disbursements for salaries, $95,600.
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e.
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Other budgeted cash expenses, $57,600.
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f.
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Cash repayment of bank loan, $32,600.
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g.
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Budgeted depreciation expense, $34,600.
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$19,200.
$53,800.
$76,800.
$86,400.
$111,400.