Data Table of sa mer cas February 650,000 Sales Cash receipts from customers Cash payments for merchandise inventory January 1,380,000 $ 851 610 561.900 bud 871,100 532,393 " for Print Done s End January Question Help Cross Company has 500 in cahon hand on January and has collected the following budget data Cack the icon to the budget data) Assume Cross has cash payments for sang and administrative expenses including sacres of 18 000 plus commissions of 2% of balance of $9.000 Prepare a cash budget for Jay and February Wil Crossed tobomow cash by the end of February all paid in the month of the company requires a minimum cash or any zero balances) Begin by preparing the cash budget for January, the prepare the cash budget for February (Complete all input boxes Entera Cross Company Cash Budget Two Months Ended January 31 and February 28 January February Being cash balance Cashable Enter any number in the edit felds and then continue to the nonton Cross Company has 59.500 in cash on and on January 1 and his collected the following budget data T ack the icon to wow the butte) Assume Cross has cash payment for sing and administrative expenses including sales of 18.000 plus commission of balance of 59.000 Prepare a cash budget for January and February We Cross need to borrow ash by the end of February of sales and in the month of the company requires a n uman Purchases of merchandise inventory Sandomies Total cash payments Erding canh sastance betore sonancing Minimum cash balance dessed Projected cash excess (00Otcrenon. Borrow Enter any number in the ede selds and then continue to the next question Cross Company has $9,500 in cash on hand on January 1 and has collected the following budget data: B (Click the icon to view the budget data.) Assume Cross has cash payments for selling and administrative expenses including salaries of $48,000 plus com balance of $9,000. Prepare a cash budget for January and February. Will Cross need to borrow cash by the end of Minimum cash balance desired Projected cash excess (deficiency) Financing Borrowing Principal repayments Total effects of financing Ending cash balance Will Cross need to borrow cash by the end of February? Cross need to borrow cash by the end of February Enter a will e edit fields and then continue to the next question will not