Week+3+Individual - PROBLEM 4-6A CASH BUDGET DATA January...

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PROBLEM 4-6A CASH BUDGET DATA collections in respective months January 90,000 10% May 300,000 February 120,000 60% June 270,000 March 135,000 30% July 225,000 April 240,000 August 150,000 Cash Budget Nov Dec Jan Feb Mar Apr May June July Sales Collections: Month of sales (10%) 9,000 12,000 13,500 24,000 30,000 27,000 22,500 First month (60%) 105,000 54,000 72,000 81,000 144,000 180,000 162,000 Second month (30%) 66,000 52,500 27,000 36,000 40,500 72,000 90,000 Total collections 180,000 118,500 112,500 141,000 214,500 279,000 274,500 Purchases 72,000 81,000 144,000 180,000 162,000 135,000 90,000 75000 Payments 0 72,000 81,000 144,000 180,000 162,000 135,000 90,000 Cash Receipts 180,000 118,500 112,500 141,000 214,500 279,000 274,500 (collections) Cash Disbursements Purchases 72,000 81,000 144,000 180,000 162,000 135,000 90,000 Rent 10,000 10,000 10,000 10,000 10,000 10,000 10,000 Other expenditures 20,000 20,000 20,000 20,000 20,000 20,000 20,000 Tax Deposits 22,500 22,500 Interest on S-T
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This note was uploaded on 03/01/2012 for the course ACC all taught by Professor All during the Spring '12 term at University of Phoenix.

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