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Cash Budget Khloe Company imports gift items from overseas and sells them to gift shops and department stores throughout the

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Cash Budget
For the month of November
Beginning balance, cash $53,890
Received from sales
October 327600 (1260000*26%)
November 1501500 ((2145000*.7)
Total cash avaialable $1,882,990
Disbursements
Payment for purchases
October 807500 (950000*85%)
November 303000 (2020000*15%)
Salaries
October 4000
November 36000
Rent 11800
Utilities 6500
Employment taxes 6800
Customs duty & shipping 202000 2020000*10%
other cash expenses 39500
Total disbursements 1417100
Ending cash balance $465,890
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