Which of the following correctly represents the line on the Cash Disbursements B

Question

Which of the following correctly represents the line on the Cash Disbursements Budget for property taxes where the monthly expense is projected to be $2,000 and the property taxes are paid quarterly at March 31, June 30, September 30, and December 31?

A. Total April May June Quarter Property taxes 0 0 6,000 6,000

B. Total April May June Quarter Property taxes 0 0 0 0

C. Total April May June Quarter Property taxes 2,000 2,000 2,000 6,000

D. Total April May June Quarter Property taxes 167 167 167 500

Explanation / Answer

Answer

C. Total April May June Quarter Property taxes 2,000 2,000 2,000 6,000

Property Taxes expenses in purportion of Cash Disbursements Budget.

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