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Zolezzi Incorporated is preparing its cash budget for March. The budgeted beginning cash balance is $ 2 7 , 0 0 0 . Budgeted cash
Zolezzi Incorporated is preparing its cash budget for March. The budgeted beginning cash balance is $ Budgeted cash receipts total $ and budgeted cash disbursements total $ The desired ending cash balance is $ The company can borrow up to $ at any time from a local bank, with interest not due unil the following month.
Required:
Prepare the company's cash budget for March in good form. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.
tableBeginning cash balance,Add cash receipts,Total cash available,Less cash disbursements,Excess deficiency of cash available over disbursements,BorrowingsEnding cash balance,
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