For each item given, identify the budget in which it will appear. If an item will appear on more than one budget, then indicate as many budgets as are relevant.
1. Ending cash balance
2. Total selling and administrative expenses
3. Total sales (in dollars)
4. Interest expense
5. Ending raw materials inventory (in dollars)
6. Ending finished goods inventory (in dollars)

Question

For each item given, identify the budget in which it will appear. If an item will appear on more than one budget, then indicate as many budgets as are relevant.
  1. Ending cash balance
2. Total selling and administrative expenses
3. Total sales (in dollars)
4. Interest expense
5. Ending raw materials inventory (in dollars)
6. Ending finished goods inventory (in dollars)

Quizplus · Accepted Answer

The Answer of For each item given, identify the budget in which it will appear. If an item will appear on more than one budget, then indicate as many budgets as are relevant.
  1. Ending cash balance
2. Total selling and administrative expenses
3. Total sales (in dollars)
4. Interest expense
5. Ending raw materials inventory (in dollars)
6. Ending finished goods inventory (in dollars)

For Each Item Given, Identify the Budget in Which It