Gado Company | ||
Cash Budget | ||
For the month ending March 31 | ||
Beginning Cash Balance | $ 75,000 | |
Cash Receipts from sales | $ 3,06,000 | |
Total Cash Available | $ 3,81,000 | |
Cash Payments | ||
Payment for purchases | $ -1,37,000 | |
Salaries | $ -73,000 | |
Other expenses | $ -36,000 | |
Repayment of bank loan | $ -12,000 | |
Total Cash Payments | $ -2,58,000 | |
Ending cash balance | $ 1,23,000 |
Use the following information: a. Beginning cash balance on March 1. $75,000. b. Cash receipts from...
Use the following information: a. Beginning cash balance on March 1, $82,000 b. Cash receipts from sales, $309,000 c. Budgeted cash payments for direct materials, $130,000. d. Budgeted cash payments for direct labor, $80,000. e. Other budgeted cash expenses, $36,000. f. Cash repayment of bank loan, $14,000 Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash payments for the month of March and the balance expected...
Use the following information: a. Beginning cash balance on March 1 $81,000. b. Cash receipts from sales, $301.000 c. Budgeted cash payments for direct materials $133,000 d. Budgeted cash payments for direct labor $73.000. e. Other budgeted cash expenses. $45,000, 1. Cash repayment of bank loan, $19.000 Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash disbursements for the month of March and the balance expected...
Use the following information: Beginning cash balance on March 1, $82,000. Cash receipts from sales, $306,000. Budgeted cash payments for direct materials,$135,000. Budgeted cash payments for direct labor $72,000. Other budgeted cash expenses, $38,000. Cash repayment of bank loan, $13,000. Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash disbursements for the month of March and the balance expected on March 31. Gado Company Cash Budget...
Saved Use the following information: a. Beginning cash balance on March 1, $76,000. b. Cash receipts from sales, $301.000. c. Budgeted cash payments for direct materials, $132,000. d. Budgeted cash payments for direct labor, $80,000. e. Other budgeted cash expenses. $44,000. f. Cash repayment of bank loan, $19,000. Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash payments for the month of March and the balance...
Saved Use the following information: a. Beginning cash balance on March 1, $76,000. b. Cash receipts from sales, $301.000. c. Budgeted cash payments for direct materials, $132,000. d. Budgeted cash payments for direct labor, $80,000. e. Other budgeted cash expenses. $44,000. f. Cash repayment of bank loan, $19,000. Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash payments for the month of March and the balance...
Use the following information: Beginning cash balance on March 1, $80,000. Cash receipts from sales, $305,000. Budgeted cash payments for direct materials, $133,000. Budgeted cash payments for direct labor, $79,000. Other budgeted cash expenses, $37,000. Cash repayment of bank loan, $13,000. Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash payments for the month of March and the balance expected on March 31. GADO COMPANY Cash...
Use the following information: Beginning cash balance on March 1, $72,000. Cash receipts from sales, $304,000. Budgeted cash payments for direct materials,$140,000. Budgeted cash payments for direct labor $79,000. Other budgeted cash expenses, $37,000. Cash repayment of bank loan, $14,000. Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash disbursements for the month of March and the balance expected on March 31. GADO COMPANY Cash Budget...
22-3 Use the following information: a. Beginning cash balance on March 1. $72.000. b. Cash receipts from sales. $300.000. c. Budgeted cash payments for direct materials, $140,000. d. Budgeted cash payments for direct labor, $80.000. e. Other budgeted cash expenses, $45,000. f. Cash repayment of bank loan. $20,000. Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash disbursements for the month of March and the balance...
Use the following information:a. Beginning cash balance on March 1, $80,000.b. Cash receipts from sales, $303,000.c. Budgeted cash payments for direct materials, $135,000.d. Budgeted cash payments for direct labor $75,000.e. Other budgeted cash expenses, $36,000.f. Cash repayment of bank loan, $16,000.Prepare a cash budget for the month ended on March 31 for Gado Company. The budget should show expected cash receipts and cash disbursements for the month of March and the balance expected on March 31.
Kayak Co. budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash payments for loan principal and interest payments) for the first three months of next year. Cash Receipts Cash payments January $ 526,000 $ 472,800 February 409,500 356,300 March 461,000 534,000 Cash Receipts Cash payments January $ 526,000 $ 472,800 February 409,500 356,300 March 461,000 534,000 According to a credit agreement with its bank, Kayak requires a minimum cash balance of $40,000 at...