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Cash Budget: ending cash check figure: 5482 April May June Quarter Cash Balance, beginning Add cash collections Total cash available Less cash disbursements: For Inventory
| Cash Budget: ending cash check figure: 5482 | ||||||
| April | May | June | Quarter | |||
| Cash Balance, beginning | ||||||
| Add cash collections | ||||||
| Total cash available | ||||||
| Less cash disbursements: | ||||||
| For Inventory | ||||||
| For Operating expenses | ||||||
| For Equipment | ||||||
| For Dividends | ||||||
| Total Cash Disbursements | ||||||
| Excess (deficiency) of cash | ||||||
| Financing: | ||||||
| Borrowings | ||||||
| Repayments | ||||||
| Interest | ||||||
| Cash Balance, ending | ||||||
| HINT: we will have to borrow some during June as well, to keep our balance above 5000 | ||||||
| We WILL NOT pay any interest on that borrowing that we make in June until next quarter. | ||||||
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Auditing And Systems Exam Questions And Explanations
Authors: Irvin N. Gleim
10th Edition
158194246X, 978-1581942460
