E9-36A (similar to) Question Help You recently began a job as an accounting intern at Big Sky Adventures. Your first task was to help prepare the cash budget for February and March Unfortunately, the computer with the budget file crashed, and you did not have a backup or even a hard copy You ran a program to salvage bits of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the budget (Click the icon to view information on borrowing cash.) Requirements 1. Complete the following cash budget krec (For amounts with a zero balance, make sure to enter" in the appropriate cell. Enter cash deficiencies with a minus sign or parentheses. Enter the net total effects of financing with a minus sign or parentheses when the amount is a net outloj. Round the interest expense to the nearest whole dollar) Big Sky Adventures Ltd. Cash Budget February and March February Beginning cash balance 16.900 Cash collections Cash from sale of plant assets 107,100 Cash available Cash payments Purchases of inventory 47.1001 Enter any number in the edit fields and then click Check Answer Check Answer Question Help E9-36A (similar to) You recently began a job as an accounting intern at Big Sky Adventures. Your first task was to help prepare the cash budget for February and March Unfortunately, the computer with the budget file crashed, and you did not have a backup or even a hard copy You ran a program to salvage bits of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the budget Click the icon to view information on borrowing cash.) Requirements 1. Complete the following cash budget Purchases of inventory Operating expenses 47,100 97,200 Total payments (1) Ending cash balance before financing 21.000 Minimum cash balance desired Cash excess (defidency) Financing of cash deficiency Borrowing (at end of month) Principal repayments (at end of month) Interest expense (2) Total effects of financing Ending cash balance (1) + (2) Enter any number in the edit fields and then click Check Answer Check Answer similar to) began a job as an accounting intern at Big Sky Adventures. Your first task was to help prepare the cash budget for February and Mar the budget file crashed, and you did not have a backup or even a hard copy. You ran a program to salvage bits of data from the bud data in the budget, you may have just enough information to reconstruct the budget. e icon to view information on borrowing cash.) ts the following cash budget s of inventgen expenses yments sh balance 0 More Info cash balan Big Sky Adventures eliminates any cash deficiency by borrowing the exact amount needed from Caisse Populaire, where the current interest rate is 7%. Big Sky Adventures pays interest on its outstanding debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available ess (deficiel of cash del ng (at end repaymer expense Print Done s of financing Question Help You recently began a job as an accounting intern at Big Sky Adventures. Your first task was to help prepare the cash budget for February and March Unfortunately, the computer with the budget file crashed, and you did not have a backup or even a hard copy You ran a program to salvage bits of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the budget. (Click the icon to view information on borrowing cash.) Requirements 1. Complete the following cash budget (For amounts with a zero balance, make sure to enter "o" in the appropriate cell. Enter cash deficiencies with a minus sign or parentheses. Enter the net total effects of financing with a minus sign or parentheses when the amount is a net outflow. Round the interest expense to the nearest whole dollar.) Big Sky Adventures Ltd Cash Budget February and March February Beginning cash balance $ 16,900 Cash collections Cash from sale of plant assets 107,100 Cash available Cash payments Purchases of inventory 47.100 0 Enter any number in the edit fields and then click Check Answer 1 part Clear All remaining Check Answer V Pearson E9-36A (similar to) Question Help You recently began a job as an accounting intern at Big Sky Adventures. Your first task was to help prepare the cash budget for February and March Unfortunately, the computer with the budget file crashed, and you did not have a backup or even a hard copy You ran a program to salvage bits of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the budget. (Click the icon to view information on borrowing cash.) Requirements 1. Complete the following cash budget Purchases of inventory 47,100 Operating expenses 97 200 Total payments (1) Ending cash balance before financing Minimurn cash balance desired 21,000 Cash excess (deficiency) Financing of cash deficiency Borrowing (at end of month) Principal repayments (at end of month) Interest expense (2) Total effects of financing Ending cash balance (1) + (2) Enter any number in the edit hields and then click Check Answer 1 part Clear All Check Answer remaining view information on borrowing cash.) ^ ing cash budget top - X es More Info ce an Big Sky Adventures eliminates any cash deficiency by borrowing the exact amount needed from Caisse Populaire, where the current interest rate is 7%. Big Sky Adventures pays interest on its outstanding debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available cie de Print Done ser ancing (1)+(2) the edit fields and then click Check Answer Check Ans Clear All Pearson Incomplete budget Iruary and Marc e from the bude began a job as an acc ith the budget file crash g data in the budget, you the icon to view inform ents e the following cash bude March $? 80,000 2,600 ses of inventory ing expenses payments cash balance before fina em cash balance desired excess (deficiency) ing of cash deficiency: wing (at end of month) ipal repayments (at end est expense ffects of financing sh balance (1) + (2) Big Sky Adventures Ltd. Cash Budget February and March February Beginning cash balance 16.900 Cash collections ? 0 Cash from sale of plant assets Cash available 107,100 Cash payments: IN Purchase of inventory $?$ Operating expenses 47,100 97,200 Total payments (1) Ending cash balance before financing ? 21,000 Minimum cash balance desired 5? Cash excess (deficiency) 41,000 24,600 21,000 $? number in the edit fields Print Done Check ing TTTTTTTT Qu - X 0 Incomplete budget ruary and March a from the budge (similar to) y began a job as an aced vith the budget file crash ng data in the budget, you the icon to view inform ents me the following cash budd 0 2,600 107,100 41.000 $?$ 47,100 97,200 ? 24,600 21,000 21.000 Cash from sale of plant assets Cash available Cash payments Purchase of inventory Operating expenses Total payments (1) Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency) Financing of cash deficiency Borrowing (at end of month) Principal repayments (at end of month) Interest expense (2) Total effects of financing Ending cash balance (1) + (2) $? ases of inventory ting expenses payments g cash balance before fina um cash balance desired excess (deficiency) cing of cash deficiency rowing (at end of month) ncipal repayments (at end rest expense effects of financing cash balance (1) + (2) $? $? $? 2 2 ? $? $? number in the edit fields Print Done Check Ans ining