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Cash disbursements
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Cash Budget/ Cash Disbursements
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1) Rushmore Kitchen Supply has forecast credit sales for the fourth quarter of the year as: March(actual) $75,000 Fourth Quarter - projected April $80,000 May $70,000 June $75,000 Experience has shown that 30 percent of sales are collected in the month of sale, 60 percent in the following...
Budgeted cash disbursements for April are
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I could not figure this out completely, I got $142,000(112,000 april;30,000 march)It doesn't seem right to me but all my other caluclation have not added up to any of the other answers. Help A company has budgeted direct materials purchases of 100,000 on march and 160,000 in April. Past... View more questions Search
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