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Match each item with its proper disposition on a cash budget. -Salaries and wages -Proceeds from...

Match each item with its proper disposition on a cash budget.

-Salaries and wages
-Proceeds from sale of land
-Purchases on accounts payable
-Depreciation Expense
-Cash Collections
-Payment on a Loan

You can match the above with one of the following: Cash disbursement, not part of a cash budget, contra disbursement (added back to cash), or addition to cash.

Business   Accounting   
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Answer #1
Item Head Proper Disposition on a Cash Budget Explanation
Salaries and Wages Cash Disbursement Payment need to be made for salaries and wages.
Proceeds from sale of land Addition to Cash Cash will be collected from sale of land
Purchases on accounts payable Not part of a Cash Budget Purchase will be made on account and no cash payment is made immediately.
Depreciation expense Not part of a Cash Budget Non cash expense
Cash collections Addition to Cash Cash collected from account receivables
Payment on a loan Cash Disbursement Cash paid for loan installments
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