You recently began a job as an accounting intern at Raymond Adventures Your first task was to help prepare the cash budget for February and March Unfortunately, the computer with the budget ile crashed, and you did not have a backup or even a hard copy You ran a program to salvage bits of data from the budget file. After entering the following data in the budget, you may have just enough information to reconstruct the budget (Click the icon to view information on borrowing cash.) Requirements 1. Complete the following cash budget (For amounts with a zero balance, make sure to enter "o" in the appropriate cell. Enter cash deficiencies with a minus sign or parentheses. Enter the net total effects of financing with a minus sign or parentheses when the amount is a net outflow. Round the interest expense to the nearest whole dollar) Raymond Adventures Ltd. Cash Budget February and March February March 16800 Boginning cash balance Cash collections Cash from sale of plant assets Cash available Cash payments Purchases of inventory Operating expenses 107,200 41,300 47 000 Enter any number in the edit fields and then continue to the next question Vid You recently began a job as an accounting intern at Raymond Adventures. Your first task was to help prepare the cash budget for February and March Unfortunately, the computer with the budget Nile crashed, and you did not have a backup or even a hard copy You ran a program to salvaje bits of data from the budget de Alter entering the following data in the budget, you may have just enough information to reconstruct the budget (Click the icon to view information on borrowing cash.) Requirements 1. Complete the following cash budget 47 600 97 800 28.900 250 25 000 Cash payments Purchases of inventory Operating expenses Total payments (1) Ending cash balance before financing Minimum cash balance desired Cash excess (deficiency) Financing of cash deficiency Borrowing (ut end of month) Principal repayments (at and of month) Interest expense (2) Total flects of financing Ending cash balance (1) (2) Enter any number in the edit fields and then continue to the next question ntony es A More Info nce lan Raymond Adventures eliminates any cash deficiency by borrowing the exact amount needed from Caisse Populaire, where the current interest rate is 7% Raymond Adventures pays interest on its outstanding debt at the end of each month. The company also repays all borrowed amounts at the end of the month as cash becomes available icie nde indo Print | Done mer