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Zolezzl Incorporated Is preparing Its cash budget for March. The budgeted beginnIng cash balance is $21,000. Budgeted cash recelpts total $112,000 and budgeted cash disbursements

image text in transcribed Zolezzl Incorporated Is preparing Its cash budget for March. The budgeted beginnIng cash balance is $21,000. Budgeted cash recelpts total $112,000 and budgeted cash disbursements total $91,000. The desired ending cash balance is $55,000. The company can borrow up to $90,000 at any time from a local bank, with Interest not due untll 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

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