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Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter21: Budgeting
Section: Chapter Questions
Problem 9DQ: A. Discuss the purpose of the cash budget. B. If the cash for the first quarter of the fiscal year...
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![Cash Budget Activity
Cash Receipts
Less: Cash Disbursements
Net: Cash Flow
Add: Beginning Cash
Ending Cash Balance
Less:Minimum Cash Balance
Excess Cash/Balance Required Total Financing
Jan
2,000,000.00
850,000.00
650,000.00
500,000.00
Feb
2,500,000.00
1,600,000.00
1,800,000.00
500,000.00
Mar
Apr
2,200,000.00 1,500,000.00
950,000.00 1,800,000.00
2,700,000.00
500,000.00
3,950,000.00
500,000.00
Using Excel spreadsheets, compute for the Net Cash Flow, Ending Cash Balance and Excess/Balance Required
For January, February, March and April.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4e6fe528-60cc-42cf-aba7-bd971e4843dd%2F09b65d70-d017-4db3-8715-1e886fd10838%2Fnvbmgmv_processed.png&w=3840&q=75)
Transcribed Image Text:Cash Budget Activity
Cash Receipts
Less: Cash Disbursements
Net: Cash Flow
Add: Beginning Cash
Ending Cash Balance
Less:Minimum Cash Balance
Excess Cash/Balance Required Total Financing
Jan
2,000,000.00
850,000.00
650,000.00
500,000.00
Feb
2,500,000.00
1,600,000.00
1,800,000.00
500,000.00
Mar
Apr
2,200,000.00 1,500,000.00
950,000.00 1,800,000.00
2,700,000.00
500,000.00
3,950,000.00
500,000.00
Using Excel spreadsheets, compute for the Net Cash Flow, Ending Cash Balance and Excess/Balance Required
For January, February, March and April.
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