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Required: 1. Compute the budgeted cash receipts for Iguana. (Do not round your intermediate calculations. Round final answers to 2 decimal places.) 2. Compute the
Required: 1. Compute the budgeted cash receipts for Iguana. (Do not round your intermediate calculations. Round final answers to 2 decimal places.) 2. Compute the budgeted cash payments for Iguana. (Do not round your intermediate calculations. Round final answers to 2 decimal places.) 3. Prepare the cash budget for Iguana. Assume the company can borrow in increments of S 1,000.00 to maintain a S15,000.00 minimum cash balance. Plus: Budgeted Cash Receipts Less: Budgeted Cash Payments Preliminary Cash Balance Cash Borrowed I Repaid 0.00 0.00 Budgeted Cash Receipts 11,775.00v $ 13,O50.00 $ 15,9OO.00 $ 40,725.00 Budgeted Cash Payments Beginning Cash Balance Ending Cash Balance Required: 1. Compute the budgeted cash receipts for Iguana. (Do not round your intermediate calculations. Round final answers to 2 decimal places.) 2. Compute the budgeted cash payments for Iguana. (Do not round your intermediate calculations. Round final answers to 2 decimal places.) 3. Prepare the cash budget for Iguana. Assume the company can borrow in increments of S 1,000.00 to maintain a S15,000.00 minimum cash balance. Plus: Budgeted Cash Receipts Less: Budgeted Cash Payments Preliminary Cash Balance Cash Borrowed I Repaid 0.00 0.00 Budgeted Cash Receipts 11,775.00v $ 13,O50.00 $ 15,9OO.00 $ 40,725.00 Budgeted Cash Payments Beginning Cash Balance Ending Cash Balance
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