How do you get 11,000 for the repayment amount?

 

Cash Balance: Beginning Add Cash Collections (From Sales Budget) Total cash Available Less Cash Disbursements For Inventory (From Purchasing Budget) For Operating Expenses (From Selling and Admin Budget) For Equipment For Cash Dividends For Interest (From Previous Month's Borrowing) Total Cash Disbursements Excess (Deficiency) of Cash Financing Borrowing Repayment Total Financing Cash Balance: Ending Outstanding Loan Balance July 40,000 520,000 560,000 280,950 213,000 200,000 50,000 743,950 (183,950) 219,000 219,000 35,050 Cash Budget August 35,050 693,000 728,050 336,125 253,300. 90,000 2,190 681,615 46,435 0 (11,000) (11,000) 35,435 September 35,435 779,500 814,935 288,000 196,750 0 2,080 486,830 328,105 (208,000) (208,000) 120,105 $ Quarter 40,000 1,992,500 2,032,500 905,075 663,050 290,000 50,000 4,270 1,912,395 120,105 219,000 (219,000) 0 120,105