Cash Budget

EX 6.2

Cash Beginning Balance- $55,000

Cash Receipt- $21,000 in January plus 8.5% monthly

Cash Disbursement- $27,000 in January plus 12.5% monthly increase

The company tries to keep at least $5,500 cash as buffer against unexpected cash needs

January February March April May June Total

Beginning Balance

Cash Receipt

Total Available

Cash Disbursements

Cash Surplus (deficiency)

Indicated balance

Excess deficiency

Borrow

Repay

Ending Balance