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Use the Following Information to Determine the Ending Cash Balance 1,$73,0001 , \$ 73,000

question 39

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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,$73,0001 , \$ 73,000 .
Cash receipts from sales, $413,000\$ 413,000 .
Budgeted cash disbursements for purchases, $268,000\$ 268,000 .
Budgeted cash disbursements for salaries, $35,000\$ 35,000 .
Other budgeted cash expenses, $57,000\$ 57,000 .
Cash repayment of bank loan, $32,000\$ 32,000 .
Budgeted depreciation expense, $34,000\$ 34,000 .


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