use the following August cash budget information for Q and A company to answer the questions below.

Exam 3-Principles of Accounting 2110 Managerial Fall 2015 Version B Uuse the olowing August cash B Use the following August Cash Budget information for Q & A Company to answer the questions below $26,000 55,000 31,000 9,000 11,000 5,000 Cash balance, August 1 Collections from customers Paid to suppliers Manufacturing overhead Direct labor Selling & administrative expenses Q & A pays wages in the month incurred. Manufacturing overhead includes $1,800 for machinery depreciation, but the amount for selling and administrative expenses is exclusive of depreciation. Additionally, Q & A also expects to buy a piece of property for $25,000 during August. Q & A can borrow in increments of $5,000 and would like to maintain a minimum cash balance of $10,000 for the month of August. SH What is Q & A's cash balance prior to any needed borrowing? How much, if anything, does Q & A need to borrow? What is the company's final budgeted cash balance for August? What is the company's beginning cash balance for September? 28. 29. 30. 31