Question

Robyn’s Rocket Shop sells various types of fireworks and firecrackers. The following data were taken from Robyn’s detailed budgeted income statement for the month of June. Although the labor costs and rent will be paid during June, the advertising expense and inventory purchases will be paid for in July. Half of the selling expense is paid in June while the other half is not due until July.
Labor expenses ........ $10,000
Advertising expenses ..... 1,400
Rent on store ........ 5,000
Inventory purchases ...... 3,800
Selling expenses ........ 6,750

Required
Prepare a cash disbursements budget for Robyn’s Rocket Shop for the month of June.



$1.99
Sales0
Views138
Comments0
  • CreatedMarch 11, 2015
  • Files Included
Post your question
5000