Exercise $20-17$ Preparation of cash budgets $($for three periods$)$ LO P$2$

Kayak Co$.$ budgeted the following cash receipts $($excluding cash receipts from loans received$)$ and cash payments $($excluding cash payments for loan principal and interest payments$)$ for the first three months of next year.

$\backslash$table$[[,\backslash$table$[[$Cash$],[$Receipts$]],\backslash$table$[[$Cash$],[$payments$]]],[$January$,$$$523,000,$$$468,700$

options are:

Additional loan $($loan repayment$)$

Cash payments

Cash receipts

Interest expense

Interest revenue