Answer the following questions using the information below:
The following information pertains to the January operating budget for Casey Corporation.

-For January, budgeted cash collections are:
A)$20,000
B)$60,000
C)$80,000
D)None of these answers are correct.

Question

Answer the following questions using the information below:
The following information pertains to the January operating budget for Casey Corporation.
 
-For January, budgeted cash collections are:
A)$20,000 
B)$60,000 
C)$80,000 
D)None of these answers are correct.

Quizplus · Accepted Answer

The image shows a budgeted income statement for Casey Corporation for January. The budgeted total revenue is $80,000, which would be the same as the budgeted cash collections. Therefore, the correct answer is C.

Answer the Following Questions Using the Information Below