Mary's Mittens,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 budgeted cash balance can be found in the cash budget, as it outlines the expected cash inflows and outflows during the budget period. The capital expenditures budget outlines planned investments in long-term assets, the sales budget outlines expected sales revenue, and the budgeted funds flow statement shows changes in cash position, but none of these directly provide the ending cash balance.