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) $8,940 Purchase season football tickets in September 120 Additional entertainment for each month 310 Pay fall semester tuition in September 4,800 Pay rent at the beginning of each month Pay for food each month 240 Pay apartment deposit on September 2 to be returned December 15) 600 Part-time job earnings each month (net of taxes) 1,110 430 d. 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 Craig Kovar Cash Budget For the Four Months Ending December 31 September October November December Estimated cash receipts from Part-time job 1.200 x Cash Budget For the Four Months Ending December 31 September October Estimated cash receipts from: Part-time job November December Deposit Total cash receipts Less estimated cash payments for: Season football tickets Additional entertainment Tuition (111 Qol [ 10 db | 10 II JU Rent Food Deposit Total cash payments Cash increase (decrease) Plus cash balance at beginning of month Cash balance at end of month