This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Pepper Farm's intern was preparing the cash budget for June. During the month, Pepper's cash sales ... (Read 88 times)

sbegs

  • Full Member
  • ***
  • Posts: 142
on: Feb 5, 2023
Pepper Farm's intern was preparing the cash budget for June. During the month, Pepper's cash sales were $30,000 and Pepper collects 60% of credit sales during the month of sale. What was the dollar amount of Pepper's credit sales?

Beginning cash balance$     3,600
Cash receipts 303,600
Total cash available to spend307,200
Less disbursements:​
  Materials purchases266,100
  Selling and administrative expenses   54,000
Total cash disbursements320,100
Cash excess (needed)(12,900)
Borrowing   15,900
Ending cash balance$    3,000

◦ $200,160
◦ $456,000
◦ $556,000
◦ $476,000
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sbegs on Feb 5, 2023

leilani49

  • Full Member
  • ***
  • Posts: 185
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


sbegs

  • Member
  • Posts: 142
Reply 2 on: Feb 5, 2023
Gracias!

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

American feral farm cat American feral farm cat
“Ich bin ein Berliner” (I am a Berliner), Kennedy declared from a balcony in West Berlin in June ... “Ich bin ein Berliner” (I am a Berliner), Kennedy declared from a balcony in West Berlin in June ...
Preparing a Smear Preparing a Smear
US federal budget deficit/surplus and debt US federal budget deficit/surplus and debt
14 June 2023 14 June 2023
June 23 2023 June 23 2023
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library