Use the Following Information to Determine the Ending Cash Balance $1 , \$ 73,000$

question 39

Multiple Choice

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget. Beginning cash balance on June $1 , \$ 73,000$ .
Cash receipts from sales, $\$ 413,000$ .
Budgeted cash disbursements for purchases, $\$ 268,000$ .
Budgeted cash disbursements for salaries, $\$ 35,000$ .
Other budgeted cash expenses, $\$ 57,000$ .
Cash repayment of bank loan, $\$ 32,000$ .
Budgeted depreciation expense, $\$ 34,000$ .

• A) $126,000.
• B) $21,000.
• C) $60,000.
• D) $149,000.
• E) $94,000.

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