zo acin - Xst wh. 1 More Info Outdoor Adventures eliminates any cash deficiency by borrowing the exact amount needed from Caisse Populaire, where the current interest rate is 7%. Outdoor 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 anco Print Done blant TUO OU You recently began a job as an accounting intern at Outdoor Adventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the budget fle 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.) Outdoor Adventures Ltd. Cash Budget February and March February March Beginning cash balance $ 16,500 Cash collections 80.500 Cash from sale of plant assets o 2,100 Cash available 105,600 Cash payments Purchases of inventory 41,700 47,600 Operating expenses CU 2011 XI Enter any number in the edit fields and then continue to the next question 020 KI C_60 Unti Cumet You recently began a job as an accounting intern at Outdoor Adventures. Your first task was to help prepare the cash budget for February and March. Unfortunately, the computer with the budget file 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 ushbudget Cash payments: Purchases of Inventory 41.700 47.600 Operating expenses 98.500 Total payments (1) Ending cash balance before financing 30,500 Minimum canh balance desired 25.000 25,000 Cunh excess (deficiency) Finaning of cath dechny Borrowing at end of month) Principal repayments (at end of month) Interest expense 2) Total efects of financing Ending cash balance (1)+(2) passa 2019-12 Klara Enter any number in the edit fields and then continue to the next question 2 020-12