(solution) It is a 3 month budget and sales are expected to be $100,000 each

(solution) It is a 3 month budget and sales are expected to be $100,000 each

It is a 3 month budget and sales are expected to be $100,000 each month. 

Q1: What were the purchases ($) for the 1st month?  a $100  b. ($100)  c. ($60)  d.  ($15)

Q2: What was the ending cash for the 1st month?  a. $40 b. $5  c. ($14)  d. $0.00

Q3. What was the sales for the 2nd month?  a. $200 b. $100 c. $60  d. $0

Q4.  What were the wages for the 3rd month?  a. ($40) b. ($15) c. ($5)  d. There were no wages for that month

Q5. What was the ending cash balance in month 3?  a. $48  b. $246  c. $59  d. $105