The following information is available for Marais Company for the month of January: expected cash receipts ($

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The following information is available for Marais Company for the month of January: expected cash receipts \(\$ 60,000\); expected cash disbursements \(\$ 65,000\); cash balance on January \(1 \$ 12,000\). Management wishes to maintain a minimum cash balance of \(\$ 10,000\). Prepare a basic cash budget for the month of January.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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