Chapter 7 question 8Use th following information to prepare the September cash budget for PTO co. The following information relates to expected cash receipts and cash payments for the month ended September 30Theres a couple more fill in the blanks in the blue chart Other expenses Accrued taxes Interest on bank loan Ending cash balance

Check my w! 3. Beginning cash balance, September 1, $43,000. In. Budgeted cash receipts from sales in September. $261,000. c. Raw materials are purchased on account. Purchase amounts are Payments for direct materials are made as follows: 65% In the month of purchase an d. Budgeted cash payments for direct labor In September, 3330,0002 e. Budgeted depreciation expense for September, $3,300. ' f. Other cash expenses budgeted for September. $58,000. ' g. Accrued income taxes payable In September, $10,400. it. Bank loan interest payable in September. $1,600. August (actual), $75,000, and September (budgeted), $110,000. d 35% In the month following purchase. aBook Hint Print Beginning cash balance - Total ash available - _ c o . ' ' I _