The following information is available for Cullumber Company for the month of January: expected cash receipts $57,700; expected cash disbursements $66,780; and cash balance on January 1, $12,460. Management wishes to maintain a minimum cash balance of $7,960. Prepare a basic cash budget for the month of January.

Brief Exercise 7-16 The following information is available for Cullumber Company for the month of January: expected cash receipts $57,700; expected cash disbursements $66,780; and cash balance on January 1, $12,460. Management wishes to maintain a minimum cash balance of $7,960. Prepare a basic cash budget for the month of January. CULLUMBER COMPANY Cash Budget For the Month of January LINK TO TEXT