Uncle's Caps Inc.a merchandising company,wants to prepare the budgeted balance sheet for the next budget period.For this purpose,the amount of ending cash balance can be retrieved from the ________.

Question

Quizplus · Accepted Answer

The amount of ending cash balance can be retrieved from the cash budget, which is a projection of the expected cash inflows and outflows for the budget period. The capital expenditures budget would only show the planned investments in fixed assets, the budgeted funds flow statement would show the sources and uses of funds during the budget period, and the sales budget would only show the projected sales revenues.