Use the following information to answer Problems below .
Pottery Farm Co. manufactures Bowls, Plates, and Cups. Management is preparing the budgets for September, and has accumulated the following information:

-Pottery Farm generally collects 75% of their Accounts Receivable in the period of sale, and the remainder in the period following. The beginning Cash balance for September is $300,000. The beginning balance in A/R for September is $400,000. Cash used to purchase equipment during the month of September was $35,000.
What is the budgeted Cash balance for the end of September?

Question

Use the following information to answer Problems below . 
Pottery Farm Co. manufactures Bowls, Plates, and Cups. Management is preparing the budgets for September, and has accumulated the following information:
 
-Pottery Farm generally collects 75% of their Accounts Receivable in the period of sale, and the remainder in the period following. The beginning Cash balance for September is $300,000. The beginning balance in A/R for September is $400,000. Cash used to purchase equipment during the month of September was $35,000.
What is the budgeted Cash balance for the end of September?

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The Answer of Use the following information to answer Problems below . 
Pottery Farm Co. manufactures Bowls, Plates, and Cups. Management is preparing the budgets for September, and has accumulated the following information:
 
-Pottery Farm generally collects 75% of their Accounts Receivable in the period of sale, and the remainder in the period following. The beginning Cash balance for September is $300,000. The beginning balance in A/R for September is $400,000. Cash used to purchase equipment during the month of September was $35,000.
What is the budgeted Cash balance for the end of September?

Use the Following Information to Answer Problems Below