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An organization wants to prepare the cash budget for the last six months of 2018 and the following are the most important data obtained for
An organization wants to prepare the cash budget for the last six months of 2018 and the following are the most important data obtained for the preparation of the cash budget: July 153,000 August 159,000 September 188,000 October 180,000 November 233,600 December 201,600 Months Total receipts Total payments 118,000 123,500 161,000 336,000 149,300 289,700 1- balance Cash on 1/7/2018 is 61000. 2. The organization wants to keep a minimum of 60,000 cash each month. Asks: Prepare the organization's cash budget for the last six months of 2018? And comment on it
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