Answers
| Gado Company | ||
| Cash Budget | ||
| For the month ending March 31 | ||
| Beginning Cash Balance | $ 75,000 | |
| Cash Receipts from sales | $ 3,06,000 | |
| Total Cash Available | $ 3,81,000 | |
| Cash Payments | ||
| Payment for purchases | $ -1,37,000 | |
| Salaries | $ -73,000 | |
| Other expenses | $ -36,000 | |
| Repayment of bank loan | $ -12,000 | |
| Total Cash Payments | $ -2,58,000 | |
| Ending cash balance | $ 1,23,000 | |
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