The planned ending cash balance for the year appears on which of the following statements?

Question

Quizplus · Accepted Answer

The ending cash balance is a part of the budgeted balance sheet, which shows a company's financial position at a specific point in time, including its assets, liabilities, and equity. The budgeted income statement shows a company's projected revenue, expenses, and net income over a period of time. The production budget details the quantity and timing of goods to be produced. The budgeted cash receipts and disbursements show the expected inflows and outflows of cash during a given period but do not necessarily provide information about the ending cash balance.

The Planned Ending Cash Balance for the Year Appears on Which