Personal Budget At the beginning of the school year, Craig Kovar 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) Purchase season football tickets in September Additional entertainment for each month Fay fall semester tuition in September $7,650 100 270 4,100 Fay rent at the beginning of each month 370 Pay for food each month 210 Pay apartment deposit on September 2 (to be returned December 15). 500 950 Part-time job earnings each month (net of taxes) Prepare a cash budget for September, October, November, and December. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. Estimated cash receipts from Part-time job Craig Kover Cash Budget For the Four Months Ending December 31 September October November December Deposit Total cash receipts Check My Works Check My Work uses remaining Previous Chapter 8 Problems Estimated cash receipts from: eBook Show Me How FIR RCH For the Four Months Ending December 31 Part-time job Deposit Total cash receipts Less estimated cash payments for: Season football tickets Additional entertainment Tuition Rent - Food - Deposit Total cash payments Cash increase (decrease) Plus cash balance at beginning of month Cash balance at end of month Feedback September 00000 0 0 October November December 33 3