None of this makes sense. Please help! All my answers are incorrect :(
You recently began a job as an accounting intern at Outdoor 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 bils of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the budget. i (Click the icon to view information on borrowing cash.) Requirements Complete the following cash budget. (For amounts with a $0 balance, make sure to enter "O' in the approp i - Incomplete budget outflow. Round interest expense to the nearest whole dollar.) X financing with a minus sign when the amount is a no Combined Cash Budget February and March February March Outdoor Adventures Beginning cash balance 16,800 $ 25,000 Cash Budget Plus: Cash collections 90,000 79,800 February and March Plus: Cash from sale of plant assets 1,900 February March Tolal cash available 106,800 $ 106,700 Beginning cash balance $ 16,800 50,500 $ Less: Cash payments (purchase inventory) ? Plus: Cash collections 79.500 41,600 Less: Cash payments (operating expenses) 47,500 37,800 Plus: Cash from sale of plant assets 1,900 $ 106,800 Total cash payments 98,000 $ 79,400 Total cash available (1) Ending cash balance before financing 8,800 $ 27,300 Less: Cash payments (purchase inventory) $?$ 41.800 Minimum cash balance desired 25,000 Less: Cash payments (operating expenses) 47,500 95,000 Cash excess (deficiency) (16,200) $ Total cash payments 2,300 (1) Ending cash balance before financing $?$ 27,300 Financing 25,000 Plus: New borrowings 25,000 Minimum cash balance desired $ 16,200 $ Less: Debl repayments 0 2,192) Cash excess (deficiency) Less: Interest payments (108) Financing (2) Tolal elfects of financing $ 16,200 $ 2,300) Plus: New borrowings 25,000 $ 25,000 Less: Debt repayments Ending cash balance (1) + (2) Less: Interest payments This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers (2) Tolal effects of financing All parts showing Ending cash balance (1) + (2) Similar Question 25,000 0 w You recently began a job as an accounting intern at Outdoor 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 bils of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the budget. i (Click the icon to view information on borrowing cash.) Requirements Complete the following cash budget. (For amounts with a $0 balance, make sure to enter "O' in the approp i - Incomplete budget outflow. Round interest expense to the nearest whole dollar.) X financing with a minus sign when the amount is a no Combined Cash Budget February and March February March Outdoor Adventures Beginning cash balance 16,800 $ 25,000 Cash Budget Plus: Cash collections 90,000 79,800 February and March Plus: Cash from sale of plant assets 1,900 February March Tolal cash available 106,800 $ 106,700 Beginning cash balance $ 16,800 50,500 $ Less: Cash payments (purchase inventory) ? Plus: Cash collections 79.500 41,600 Less: Cash payments (operating expenses) 47,500 37,800 Plus: Cash from sale of plant assets 1,900 $ 106,800 Total cash payments 98,000 $ 79,400 Total cash available (1) Ending cash balance before financing 8,800 $ 27,300 Less: Cash payments (purchase inventory) $?$ 41.800 Minimum cash balance desired 25,000 Less: Cash payments (operating expenses) 47,500 95,000 Cash excess (deficiency) (16,200) $ Total cash payments 2,300 (1) Ending cash balance before financing $?$ 27,300 Financing 25,000 Plus: New borrowings 25,000 Minimum cash balance desired $ 16,200 $ Less: Debl repayments 0 2,192) Cash excess (deficiency) Less: Interest payments (108) Financing (2) Tolal elfects of financing $ 16,200 $ 2,300) Plus: New borrowings 25,000 $ 25,000 Less: Debt repayments Ending cash balance (1) + (2) Less: Interest payments This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers (2) Tolal effects of financing All parts showing Ending cash balance (1) + (2) Similar Question 25,000 0 w
