20-24

Chapter 20 Master Budgets and Performance Panning 000 units als, which f the next aterials in Use the following information to prepare a cash budget for the month ended on March 31 for Gado 03 2024 Company. The budget should show expected cash receipts and cash disbarsements for the month of Mach Cash budge and the balance expected on March 31 a. Beginning cash balance on March 1. $72.000. b. Cash receipts from sales, $300,000. c. Budgeted cash disbursements for purchases, $140,00x d. Budgeted cash disbursements for salaries, $80,000 e. Other budgeted cash expenses, $45,000 f. Cash repayment of bank loan, $20,00) P2 t labor at irect la- aots for a company. For each account, indicne whether it will sppear on a 05 203 Following are selectsd budgeted income starement { S) or a budgeted balance sheet (BBS). tf an item will not appear on either budgeted financial staleneit, idhel it NA. Bud ete ost, and P3 shown of the which Incerest expense on note prpibke Cash dvidends paid Bank loan awed Sales Office salaries expense