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Presented below are partial October, November, and December cash budgets for Holidays Events. Loans are obtained in increments of $ 1 , 0 0 0
Presented below are partial October, November, and December cash budgets for Holidays Events. Loans are obtained in increments of $ at the start of each month to maintain a minimum endofmonth balance of $ Interest is one percent simple interest no compounding per month, payable when the loan is repaid. Repayments are made as soon as possible, subject to the minimum endofmonth balance. Complete the shortterm financing section of the cash budget and all missing figures. Use a negative sign with answers to indicate a cash disbursement or a negative ending balance. HOLIDAY EVENTS Partial Cash Budgets For the Months of October, November, and December October November December Total Cash balance, beginning $ Answer Answer Answer Collection on sales Answer Cash available for operations Answer Answer Answer Answer Disbursements for operations Answer Ending cash before borrowings or replacements Answer Answer Answer Answer Shortterm finance: New loans Answer Answer Answer Answer Repayments Answer Answer Answer Answer Interest Answer Answer Answer Answer Cash balance, ending Answer Answer Answer Answer
Presented below are partial October, November, and December cash budgets for Holidays Events.
Loans are obtained in increments of $ at the start of each month to maintain a minimum endofmonth balance of $ Interest is one percent simple interest no compounding per month, payable when the loan is repaid. Repayments are made as soon as possible, subject to the minimum endofmonth balance.
Complete the shortterm financing section of the cash budget and all missing figures.
Use a negative sign with answers to indicate a cash disbursement or a negative ending balance.
HOLIDAY EVENTS
Partial Cash Budgets
For the Months of October, November, and December
October November December Total
Cash balance, beginning $ Answer
Answer
Answer
Collection on sales Answer
Cash available for operations Answer
Answer
Answer
Answer
Disbursements for operations Answer
Ending cash before borrowings or replacements Answer
Answer
Answer
Answer
Shortterm finance:
New loans Answer
Answer
Answer
Answer
Repayments Answer
Answer
Answer
Answer
Interest Answer
Answer
Answer
Answer
Cash balance, ending Answer
Answer
Answer
Answer
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