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Prepare the following for merchandise inventory: a . An inventory purchases budget for each of the months July, August, and September. table [ [
Prepare the following for merchandise inventory:
a An inventory purchases budget for each of the months July, August, and September.
tableGreen Lawn CompanyInventory Purchases Budget,,,July,August,SeptemberTotal needs,,, b A schedule of expected cash disbursements for inventory for each of the months July, August, and September and for the quarter in total.
tableGreen Lawn CompanySchedule of Expected Cash Disbursements for InventoryJuly,August,September,QuarterAccounts payable, June July purchases,,,,August purchases,,,,September purchases,,,,Total cash disbursements,$$$Prepare a cash budget for the third quarter, by month as well as in total for the quarter. Show borrowings from the company's bank
and repayments to the bank, as needed, to maintain the minimum cash balance. Roundup "Borrowing" and "Repayments" answers
to the nearest whole dollar amount. Any "Repayments" and "Interest" should be indicated by a minus sign.
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