## 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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