The "Beginning cash balance" would most likely appear on which type of budget?
A) Cash receipts budget
B) Summary cash budget
C) Sales budget
D) Cash disbursements budget

Question

Quizplus · Accepted Answer

The beginning cash balance is the starting amount of cash available for the budget period, and it would most likely appear on a summary cash budget. The summary cash budget provides an overview of the inflows and outflows of cash for the entire budget period and shows the beginning cash balance, cash receipts, cash disbursements, and ending cash balance. The cash receipts budget only includes cash inflows, the sales budget only shows sales revenues, and the cash disbursements budget only includes cash outflows.

The "Beginning Cash Balance" Would Most Likely Appear on Which