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Rogers Services, Inc., has $8,200 cash on hand on August 1. The company requires a minimum cash bala How much cash, if any, will Rogers

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Rogers Services, Inc., has $8,200 cash on hand on August 1. The company requires a minimum cash bala How much cash, if any, will Rogers need to borrow by the end of August? Complete the cash budget below. (Use parentheses or a minus sign for negative ending cash balances or Rogers Services, Inc. Combined Cash Budget For the Month Ended August 31 Beginning cash balance Plus: Cash collections Total cash available Less: Cash payments Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency) 1 of 2 Question 7 ) Score: 0 of 2 points Save mcash balance of $7,500. August cash collections are $548,300. Total cash payments for August are $567,000. Prepare a cash budget for August alances or deficiencies.)

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