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 tuben, which is the same as the fall tuto. The following information relates the budget Cash balance, September 1 0mm a summer job) Purchase season footbal tickets in September Additional entertainment for each month Pay fall semester tution in September $7,580 100 260 4,100 Pay rent at the begining of each month 370 Pay for food each month 210 Pay apartment depest on Septender 2 (to be returned December 15) Parejobs nach month (net of taxes) 500 940 Iximated cash mons from a. Prepare a cash budget for September October November, and December Use the minus eg to date cash outflows, a decease in cash or cash payments Craig Kovar Cash Budget For the Four Months Ending December 31 Total cash in September October November December 000 Socal cash p Less estimated cash payments for Tatal cash payments Cash increase (decrease) Chain thnk beherrs at begroing of month Cash balance at end of month 0000 0000 sufficent cash. If Crag dd not budget but weet ahead with the ongral plas, he would be s at the end of December, with no time left t Are the four monthly budgets that are presented prepared as static turfgets What the budget amplications for Crav Creg can see that his present plan adjust