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Me How Print Item Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of

Me How Print Item Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget: Cash balance, September 1 (from a summer job) $7,220 Purchase season football tickets in September 100 Additional entertainment for each month 250 Pay fall semester tuition in September 3,900 Pay rent at the beginning of each month 350 Pay for food each month 200 Pay apartment deposit on September 2 (to be returned December 15) 500 Part-time job earnings each month (net of taxes) 900 a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should be indicated with a minus sign. image text in transcribed
image text in transcribed
Printem Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of tember October November, and December the enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following into the Cash balance, September 1 (from a summer job) 57,220 Purchase season football tickets in September 100 Additional entertainment for each month 250 Pay fall semester tuition in September 3,900 Pay rent at the beginning of each month 350 Pay for food each month 200 Pay apartment deposit on September 2 to be returned December 15) 500 900 Part-time job earnings each month (net of taxes) a. Prepare a cash budget for September October, November, and December Enterall amounts as positive values except ar overall cash der ich woh minus sign Estimated cash receipts from Part-time job Deposit Total cash recept Estimated cash payments for Season football tickets Additional entertainment Tuition Rent O O O OO QUID Luis II O DO DOU DO DO Food Deposit Total cash payments Overall cash increase (decrease) Cash balance at beginning of month Cash balance at end of month b. Are the four monthly budgets that are presented prepared as state budgets or feeble budget? 6. Malloy can see that her present plan sufficient cash. If Malloy did not budget but went ahead with the original plon, she would be at the end of Decembes with no time left to adjust

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