At the beginning of the school year, Joe Student decided to prepare a cash budget for the months of September, October, November, and December.

The budget must plan for enough cash on December $31$ to pay the spring semester tuition, which is the same as the fall tuition. The following

information relates to the budget:

DATA

Prepare the cash budget for the quarter of the year.

Joe Student

Cash Budget

For the Four Months Ending December $31$

a$.$

Estimated cash receipts from:

Total cash receipts

Less estimated cash payments for: