CASH BUDGET w4 - 28,000.00 16,000.00 16,000.00 Fixed Operating Expenses 55,000.00 55,000.00 55,000.00 Depreciation 2,500.00 2,500.00 2,500.00 New

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Malin Esquerre Week 4 Individual Assignment 05/23/2010 June July August Receivables Beginning Cash 29,000.00 29,000.00 29,000.00 Minimum Cash Desired 25,000.00 25,000.00 25,000.00 Available Cash 4,000.00 4,000.00 4,000.00 Sales 700,000.00 400,000.00 400,000.00 Credit Sales 630,000.00 360,000.00 360,000.00 Collections 280,000.00 140,000.00 140,000.00 Credit Interest 31,500.00 63,000.00 36,000.00 Credit Payments 315,000.00 630,000.00 360,000.00 Total Receivables:  1,929,500.00 1,593,000.00 1,593,000.00 Payables Salaries, Wages, and Commissions 140,000.00 80,000.00 80,000.00 Variable Operating Expenses
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Unformatted text preview: 28,000.00 16,000.00 16,000.00 Fixed Operating Expenses 55,000.00 55,000.00 55,000.00 Depreciation 2,500.00 2,500.00 2,500.00 New Equipment 55,000.00 Purchases 434,000.00 248,000.00 248,000.00 Depreciation 2,500.00 2,500.00 2,500.00 Total Payables: 717,000.00 404,000.00 404,000.00 Available Cash 4,000.00 4,000.00 4,000.00 Total Payables: 717,000.00 404,000.00 404,000.00 Total Receivables: 1,929,500.00 1,593,000.00 1,593,000.00 Total Cash 639,705.00 1,193,000.00 1,193,000.00...
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This note was uploaded on 06/04/2010 for the course BUSINESS M ACC561 taught by Professor Johnson during the Spring '10 term at University of Phoenix.

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