ABC Company has a cash balance of $42,000 on August 1 and requires a minimum ending cash balance of $27.544. Cash receipts from sales budgeted for August are $284,544. Cash disbursements budgeted for August include inventory purchases, $34,000 other manufacturing expenses $121,000; operating expenses, $45,000; bond retirements, $67,000; and dividend payments, $32,000. Required: Prepare a cash budget for ABC Company for August. August Beginning cash balance Cash Receipts: $ 0 Total cash available Cash Disbursements: $ Total cash disbursements $ 0 Ending cash balance 7 Next >