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Chaterlain Company Is Preparing Its Budget for the 3rd Quarter

Question 111

Multiple Choice

Chaterlain Company is preparing its budget for the 3rd quarter. Cash balance at June 30 was $11,000. Additional budgeted data is provided here: Chaterlain Company is preparing its budget for the 3<sup>rd</sup> quarter. Cash balance at June 30 was $11,000. Additional budgeted data is provided here: What amount should be shown in the cash budget for the cash balance at the end of July? A) $19,100 B) $8,800 C) $9,050 D) $2,200 What amount should be shown in the cash budget for the cash balance at the end of July?


A) $19,100
B) $8,800
C) $9,050
D) $2,200

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