You recently began a job as an accounting in at Rolly Adventures your first task was to help prepare the con budget for February and March Unfortunately, me computer the budge GPS, and you are a backup or even a copy. You ranprogram savage sort om te guugerne er enceng te organe ugalyou may have enough information to reconstruct the budget Click the icon to view information on borrowing cash) Requirements Complete the folowing cash budget. For amounts with a $0 balance, make sure to enter in the appropriate input field. Enter cash deficiencies with a minus sign or parentheses. Enter the net total effects of financing with a minus sign when the amount is a net outflow. Round interest expense to the nearest whole dollar) 0 2.100 107.400 41.200 50.700 5 47.000 5 98,300 9.100 S 20.000 22.800 20.000 Plus: Cash from sale of plant assets Total cash available Less: Cash payments (purchase inventory Less: Cash payment operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency) Financing Plus: New borrowings Less Debt repayments Laseret payments (2) Total effects of franding Ending cash balance (1) (2) (10,000) More info 10.900 0 Reily Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 8%. Relly Adventures pays interest on its outstanding de at the end of each month. The company also repays all borrowed amounts at the end of the month as becomes available 0 10,000 20.000 Print Done Help me solve this Video Get more help You recently began a job as an accounting intern at Reilly Adventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the budget $ February 16,800 90.600 March 20000 80,100 2.100 0 107,400 102200 41.200 50.700$ 47.600 More info Begioning cash balance Plus: Cash collections Plus: Cash from sale of plant assets Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency Financing Plus: New borrowings Less Debt repayments Less: Interest payments (2) Total effects of financing Ending cash balance (1)+(2) 98,300 9.100 20.000 22.800 20.000 Reily Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 8%. Reilly Adventures pays Interest on its outstanding d at the end of each month. The company also repays all borrowed amounts at the end of the month as becomes available. (10.900) 10.000 0 Print Done 0 10.000 20.000 Help me solve this Video Get more help Clear all Check answer You recently began a job as an accounting in at Rolly Adventures your first task was to help prepare the con budget for February and March Unfortunately, me computer the budge GPS, and you are a backup or even a copy. You ranprogram savage sort om te guugerne er enceng te organe ugalyou may have enough information to reconstruct the budget Click the icon to view information on borrowing cash) Requirements Complete the folowing cash budget. For amounts with a $0 balance, make sure to enter in the appropriate input field. Enter cash deficiencies with a minus sign or parentheses. Enter the net total effects of financing with a minus sign when the amount is a net outflow. Round interest expense to the nearest whole dollar) 0 2.100 107.400 41.200 50.700 5 47.000 5 98,300 9.100 S 20.000 22.800 20.000 Plus: Cash from sale of plant assets Total cash available Less: Cash payments (purchase inventory Less: Cash payment operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency) Financing Plus: New borrowings Less Debt repayments Laseret payments (2) Total effects of franding Ending cash balance (1) (2) (10,000) More info 10.900 0 Reily Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 8%. Relly Adventures pays interest on its outstanding de at the end of each month. The company also repays all borrowed amounts at the end of the month as becomes available 0 10,000 20.000 Print Done Help me solve this Video Get more help You recently began a job as an accounting intern at Reilly Adventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the budget $ February 16,800 90.600 March 20000 80,100 2.100 0 107,400 102200 41.200 50.700$ 47.600 More info Begioning cash balance Plus: Cash collections Plus: Cash from sale of plant assets Total cash available Less: Cash payments (purchase inventory) Less: Cash payments (operating expenses) Total cash payments (1) Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency Financing Plus: New borrowings Less Debt repayments Less: Interest payments (2) Total effects of financing Ending cash balance (1)+(2) 98,300 9.100 20.000 22.800 20.000 Reily Adventures eliminates any cash deficiency by borrowing the exact amount needed from State Street Bank, where the current interest rate is 8%. Reilly Adventures pays Interest on its outstanding d at the end of each month. The company also repays all borrowed amounts at the end of the month as becomes available. (10.900) 10.000 0 Print Done 0 10.000 20.000 Help me solve this Video Get more help Clear all Check
