Which component of the cash budget is shown as a line item on the budgeted balance sheet?
A)Budgeted cash collections
B)Budgeted cash payments
C)Cash repaid
D)Ending cash balance

Question

Quizplus · Accepted Answer

The ending cash balance is the component of the cash budget that is shown as a line item on the budgeted balance sheet. This reflects the amount of cash the company expects to have at the end of the budget period. Choices A, B, and C are all components of the cash budget, but they are not shown as line items on the budgeted balance sheet.

Which Component of the Cash Budget Is Shown as a Line