Personal Budget At the beginning of the school year, Craig over decided to prepare a cash budget for the months of September October November, and December. The budget must plan for enough cash on December 1 to pay the semester tuition, which is the same as the tuition. The following information relates to the budget Cash balance, September 1 (from a summer job) 18,860 Purchase sean football tickets in September 120 Additional entertainment for each month 310 Payal semester tuition in September 4,800 Pay rent at the beginning of each month 430 Pay for food each month 240 Pay apartment deposit on September 2 (to be returned December 15) 600 Part-time job earnings each month one of thes) 1,100 . Prepare a cah budget for September October, November, and December. Use the minu un to indicate cash outons, 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 Totalca recept Les estimated ca pewno 00 Totalents cash increased 240 Pay apartment deposit on September 2 to be returned December 15) Part-time job earnings each month (net of taxes) 500 1.100 a. Prepare a cash budget for September October November, and Decembe Use the minus sign to indicate cash outfions, en cash or cash payments Craig Kovar Cash Budget For the Four Months Ending December 31 September October November December Estimated cash receipts from Total cash receipts Less estimated cash payments For II 0 Total cash payments Cash increase (decrease) 98 Cash balance at end or month b. Are the four monthly budgets that are presented prepared as state budgets or newbie budgets What are the budget implications for Craig Kovar? sument cash. If Craig did not budget but went ahead with the angapian, he would be Craig can see that his present plan to adjust