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You recently began a job as an accounting intern at Reilly Golf Park. Your first Rei Next question any cash deficiency by borrowing the exact

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You recently began a job as an accounting intern at Reilly Golf Park. Your first Rei Next question any cash deficiency by borrowing the exact amount task was to help prepare the cash budget for April and May. Unfortunately, the needed from First Street Bank, where the current interest rate is 6% per year. computer with the budget file crashed, and you did not have a backup or even a Reilly Golf Park first pays interest on its outstanding debt at the end of each paper copy. You ran a program to salvage bits of data from the budget file. After month. The company then repays all borrowed amounts at the end of the entering the following data in the budget, you may have just enough information month with any excess cash above the minimum required but after paying to reconstruct the budget monthly interest expenses. Reily does not have any outstanding debt on April (Click the icon to view the cash budget.) Complete the cash budoet. Round interest expense to the nearest whole dollar (Complete all input fields. Enter a "for zero balances. Enter cash deficiencies with a minus sign or parentheses. Enter the net tota efects of financing with a minus sign when the amount is not outflow. Round interest expense to the nearest whole dolar) Reilly Golf Park Cash Budget Two Months Ended May 31 April Beginning cash balance $ 16,700 Cash receipts 0 Cash from sale of plant assets Cash available 114.700 Cash payments Purchase of inventory Seling and adininistrative expenses 47.400 Interest expense Total cash payments 98 400 Ending cash balance before financing (25,000) Minimum cash balance desired Cash exone (deficiency) Financing Borrowing Principal repayments Totat affects of financing Ending cash balance 16.700 0 You recenity bega yang telly Golf Park. Yours Rell Next question was one by borrowing the name tisk was the prepare the cash budget for Apeland May. Unfortunately, the needed from Fist Street Busk, where the current terest rates 6% per yew computer with the budget fle crashed, and you did not have a buck or even Relly Golf Parkipya interest on its standing debeat the end of each paper copy. You in a program to salvapo bits of data from the budget lie. Aller month. The company then repays all borrowed around at the end of the tering the following data in the budge, you may have just enough information month many cash teve te mireured but after paying to reconstruct the budget monthly interest experies Holly does not have any outstanding detit on April maid the con view the chut Conow the cash boot Round Herst one to the newest whole ole Complete il putha Entera oro balance. Enter cu deficiencies or person. Enter the net total offects of financing with me is the time to found here is the rest who do Melly Goat Part Cash But Two Monte Ended May 31 Art Beginning the 5 Cash Cash tome of the Cathe 110 Cash Phovory 47 450 pen 400 This Ending can before thing Mmm.com 05.000 Caths deficiency Fearing Borrow Data table now Totul afecta Melly GallPart Enting CashBugat Two Month Ended May 11 May Beigas 5 1700 SY Cash 78.000 Cashromate of plants 2.200 Cash 114.700 Cashmere Puchary 43.000 Selling and 47400 Art Jl. 5.400 27,200 To En cash bace before trang Merced Cashiedenen F howing Total effects of france Ending cash balance Print Done

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