Assume that any interest will not be paid until the following month. Ashton Company Cash Budget For the Month of December Beginning cash balance Add collections from customers Total cash available 0 Less cash disbursements: Payments to suppliers for inventory Selling and administrative expenses New web server Dividends paid Total cash disbursements C Excess (deficiency) of cash available over disbursements 0 Financing: Borrowings Repayments Interest Total financing Ending cash balance 69