Question

Question 7 M o te Maried out of 10 R estion it used the Cash Disbursements Assume that Waycross Manufacturing manages its cash flow from its home office Waycross controls cash disbursements by category and month. In setting its budget for the next six months, beginning in following managerial guidelines Category Purchases Payal in current and infowing month Payroll Pay percent in current month and 20 percent in foliowing month Lan Payments Pay total amount each month Predicted activity for selected months follow 5000 2000 553.000 52.000 Payot 100.000 110.000 10.000 100.000 Loan Payments 10.000 10.000 14.000 14.000 Prepare a schedule showing cash disbursements by account for July and August Waycress Manufacturing Schedule of Cash Disbursements For the Months of july and August

Answer 1

Prepare the schedule as follows: А В C Waycross Manufacturing 1 2 Schedule of cash disbursement For the month of July ad August 3 4 July 47,000 52,000 1,26,000 1,06,000 14,000 14,000 $1,87,000 $1,72,000 August 5 Accounts Payable 6 Раyroll 7 Loan Payment 8 Total Calculations В C 1 Waycross Manufacturing 2 Schedule of cash disbursement For the month of July and August August 47,000 52,000 1,26,000 1,06,000 14,000 $ $1,87,000 S1,72,000 4 July 5 Accounts Payable 6 Раyгoll 7 Loan Payment 14,000 8 Total