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Canine Supply Company has a cash balance of $65.000 on August 1 and requires a minimum ending cash balance of $50,000 Cash receipts and disbursements
Canine Supply Company has a cash balance of $65.000 on August 1 and requires a minimum ending cash balance of $50,000 Cash receipts and disbursements budgeted for August amount to $140,000 and $170,000, respectively. Required: Construct a Cash Budget in Good Form with the above information. Based on your budget indicate the amount, if any that needs to be borrowed in the Financing section of the Cash Budget. Do not enter commas, decimal points or dollar signs. ALSO, do Not show positive verses negative numbers. August Cash Budget BEG CASH Add Cash? Available Cash Less Cash? Cash Balance Desired Cash Excess/Deficiency
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