LG E CH The following information is available for Ivanhoe Company for the month of January: expected cash receipts $57,560; expected cash disbursements $66,980; and cash balance on January 1, $11,800. Management wishes to maintain a minimum cash balance of $7,880. Prepare a basic cash budget for the month of January. Beginning cash balance Add V: Cash receipts Total available cash Less V: Cash disbursements Excess of available cash over cash disbursements Add V: Borrowings IVANHOE COMPANY Cash Budget For the Month of January Ending cash balance LA 11800 57560 69360 66980 i 2380 2380 D oo is rep s expens age Exp ght-Out ellaneor sh ish Over ed by SE ternal c sits dai ed by em

The following information is available for Ivanhoe Company for the month of January: expected cash receipts $57,560; expected cash disbursements $66,980; and cash balance on January 1,$11,800. Management wishes to maintain a minimum cash balance of $7,880. Prepare a basic cash budget for the month of January