6 During the month of February, Rubio Services had cash receipt of 57600 and cash disbursements...
During the month of February, Victor Services had cash receipts of $7,900 and cash disbursements of $9,400. The February 28 cash balance was $2,600. What was the February 1 beginning cash balance? Multiple Choice $0. $1.100 O $1,500. O $6,300 O $4,100
During the month of February, Victor Services had cash receipts of $7,700 and cash disbursements of $9,000. The February 28 cash balance was $2,200. What was the February 1 beginning cash balance?
During the month of February, Hoffer Company had cash receipts of $7,800 and cash disbursements of $8,950. The February 28 cash balance was $1,900. What was the January 31 beginning cash balance? Multiple Choice О O $3,050 $1,150 O $0 $750 O $4,200 The following transactions occurred during July: a. Received $1,300 cash for services provided to a customer during July. b. Received $2,600 cash investment from Barbara Hanson, the owner of the business. c. Received $950 from a customer...
Trimble Graphic Design receives $1,850 from a client billed in a previous month for services provided. Which of the following general journal entries will Trimble Graphic Design make to record this transaction? During the month of February, Victor Services had cash receipts of $7,700 and cash disbursements of $9,000. T February 28 cash balance was $2,200. What was the February 1 beginning cash balance?
Santos Co. is preparing a cash budget for February. The company has $10,000 cash at the beginning of February and anticipates $67,000 in cash receipts and $107.000 in cash disbursements duri the company borrow during February to maintain a $6,000 cash balance? The company has no loans outstanding on February 1 (Negative cash balances, if any, should be indicated with minus sign.) SANTOS CO. Cash Budget For Month Ended February 28 Beginning cash balance Total cash available Preliminary cash balance...
Prepare Cash Budget For 3 Months Windsor Corporation expects the following cash receipts and disbursements during the first quarter of 2016 (receipts exclude new borrowings and disbursements exclude interest payments on borrowings since January 1, 2016) January February March Cash receipts $420,000 $430,000 $390,000 Cash disbursements 380,000 510,000 410,000 The expected cash balance at January 1, 2016, is $65,000. Windsor wants to maintain a cash balance at the end of each month of at least $50,000. Short-term borrowings at 1%...
During February 2020, the first month of operations, Vaughn Consulting firm had following transactions: 1. Issued common stock to owners in exchange for $34,000 cash. 2. Purchased $8,500 of equipment, paying $2,550 cash and signing a promissory note for $5,950. 3. Received $15,300 in cash for consulting services performed in January 4. Purchased $2,550 of supplies on account; all of the supplies were used in January. 5. Provided consulting services on account in the amount of $27,200. 6. Paid $1,275...
In 2017 Vaughn Manufacturing had cash receipts of $35700 and cash disbursements of $20400. Vaughn's ending cash balance at December 31, 2017 was $66300. What waſ Vaughn's beginning cash balance? $81600 $86700 O $51000 O $61200
The city of Charleston had the following sales of water for the selected months of 2017: Month February March Sales $60,000 45,000 60,000 42,500 April May June 100,000 120,000 July All sales are on credit. Historically, 60 percent is collected in the month of sale, 30 percent during the first month following the sale, and 10 percent in the second month following the sale. Water purchases by month are as follows: Month February $60,000 March April 40,000 45,000 59,750 52,500...
3 ? X . HOME Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW - 6 Sign In FILE Caibri B TU. - A points tina Alignment Number Conditional Format as Cele s Formatting Table Styles Styles Skipped S&P Enterprises needs a cash budget for March. The following information is 1 s & P Enterprises needs a cash budget for March. The following information is available. January February March Data 4...