Beal, Inc. provided the following information:
$\bullet$Beal pays 40% of merchandise purchases in the month purchased and 60% in the following month.
$\bullet$General operating expenses are budgeted to be $20,000 per month of which depreciation is $2,000 of this amount. Beal pays operating expenses in the month incurred.
Instructions
Calculate Beal's budgeted cash disbursements for May.

Question

Beal, Inc. provided the following information:  
$\bullet$Beal pays 40% of merchandise purchases in the month purchased and 60% in the following month.
$\bullet$General operating expenses are budgeted to be $20,000 per month of which depreciation is $2,000 of this amount. Beal pays operating expenses in the month incurred.
Instructions
Calculate Beal's budgeted cash disbursements for May.

Quizplus · Accepted Answer

The Answer of Beal, Inc. provided the following information:  
$\bullet$Beal pays 40% of merchandise purchases in the month purchased and 60% in the following month.
$\bullet$General operating expenses are budgeted to be $20,000 per month of which depreciation is $2,000 of this amount. Beal pays operating expenses in the month incurred.
Instructions
Calculate Beal's budgeted cash disbursements for May.

Beal, Inc Provided the Following Information ∙\bullet∙ Beal Pays 40% of Merchandise Purchases in the Month Purchased

Beal, Inc Provided the Following Information $\bullet$ Beal Pays 40% of Merchandise Purchases in the Month Purchased