Adel, Inc. has the following information:
Budgeted Expenses per Month
Note: All cash expenses are paid as incurred.
-The total cash disbursements for expenses in February should be

Question

Adel, Inc. has the following information:
  Budgeted Expenses per Month
  Note: All cash expenses are paid as incurred.
-The total cash disbursements for expenses in February should be

Quizplus · Accepted Answer

Since all cash expenses are paid as incurred, we can assume that the budgeted expenses per month are the same as the cash disbursements for the month. From the given information, we can see that the budgeted expenses for February are $39,700 (under the column labeled TB5266_00). Therefore, the total cash disbursements for expenses in February should also be $39,700. So, the best choice is D.

Adel, Inc. Has the Following Information