Which of the following items would most likely differ on the Cash Budget and the Budgeted Income Statement?
A)Insurance expense
B)Advertising expense
C)Bad debt expense
D)Supplies expense

Question

Quizplus · Accepted Answer

Bad debt expense is a non-cash item that appears on the Budgeted Income Statement but not on the Cash Budget, which focuses on actual cash inflows and outflows.

Which of the Following Items Would Most Likely Differ on the Cash