Requirements

Prepare the following budgets for November and December:

Sales budget

Cost of goods sold, inventory, and purchases budget

Operating expense budget

Budgeted income statement

Cash collections budget

Cash payments budget

Combined cash budget

Requirement $7.$ Prepare the combined cash budget for November and December. $($Enter a $"0"$ for any zero amounts. Use parentheses or a minus sign for negative cash balances and financing payments.$)$

Review the cash collections and cash payments budgets prepared in Requirements $5$ and $6.$

Saving Plus

Combined Cash Budget

For the Months of November and December

Beginning cash balance

Plus: Cash collections

Total cash available

Less: Cash payments

Ending cash balance before financing

$\backslash$table$[[$November$,$December$],[,],[,],[,],[,]]$

Financing:

Plus: New borrowings

Less: Debt repayments

Less: Interest payments

Ending cash balance

Requirement $7.$ Prepare the combined cash budget for November and December. $($Enter a $"0"$ for any zero amounts. Use parentheses or a minus sign for negative cash balances and financing payments.$)$

Review the cash collections and cash payments budgets prepared in Requirements $5$ and $6.$

Saving Plus

Combined Cash Budget

For the Months of November and December

Beginning cash balance

Plus: Cash collections

Total cash available

Less: Cash payments

Ending cash balance before financing

$\backslash$table$[[$November$,$December$],[,],[,],[,],[,]]$

Financing:

Plus: New borrowings

Less: Debt repayments

Less: Interest payments

Ending cash balance

Requirements

Prepare the following budgets for November and December:

Sales budget

Cost of goods sold, inventory, and purchases budget

Operating expense budget

Budgeted income statement

Cash collections budget

Cash payments budget

Combined cash budget