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Chatelain Company Is Preparing Its Budget for the Third Quarter

Question 120

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Chatelain Company is preparing its budget for the third quarter.The cash balance on June 30 was $32,000.Additional budgeted data are provided here:
Chatelain Company is preparing its budget for the third quarter.The cash balance on June 30 was $32,000.Additional budgeted data are provided here: What amount should be shown in the cash budget for the cash balance at the end of July? A) $19,000 B) $35,000 C) $105,000 D) $86,000
What amount should be shown in the cash budget for the cash balance at the end of July?


A) $19,000
B) $35,000
C) $105,000
D) $86,000

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