preparing a cash budget

Listen Auto Partia anily.wieder began Jawy with $10,700 cash Management forecasts that contro credit comes will be $11.700aw and 515,100 in February There is schoduled to recele 6.000 cash on a bes not receivable in January Propected cash payments include Inventory purchase (514.100 in donary and $14.400 in February wing and administrative expenses ($2800 each mon) Cd the icon to view additional information about lipton Auto Parts) Read the - X More info Lipton Auto Parts anke$10.000 minimum balance in the store's checking account. At the end of any month when the account balance foils below $10.000 the bank automatically extends credit to the store in multiples of $1.000 Lipton Auto Parts borrows as little as possible and pays back loans in quarterly instaliments of $1500, pas 6 APR where on the antire unpaid principal The first payment occurree months after the loan Requirement. Prepare Lapton Auto Parts and budget for January and February Prepare the cash budget by ending in the label then one in the amounts for January first and February nest (Complet parts of a sign when nga detency Lipton Auto Parts Cashet January and February January February - X Requirements 1. Prepare Lipton Auto Parts canh bodget for January and February 2. How much cash wipton Auto Parts borrow in February if collections from customer that month total 14100 nad of $15 1009 Print Done Help me solve this Etext pages Get more help Cash Budget January and February January February Cash available Cash payments Total cash payments Less Cash available Cash payments Total cash payments Less: Ending cash balance