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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Related Book For
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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