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Master P Companies CASH BUDGET Company A Company B Company C Beginning cash balance P100 P300 P700 Cash collections ? 400 ? Cash disbursements 500 600 Cash excess (shortage) ? 400 Borrowing (repayments) 300 100 Ending cash 200 200 100 1. Refer to Master P Companies. For Company A, what are the budgeted cash collections? 2. Refer to Master P Companies. For Company B, what are the budgeted cash disbursements? 3. Refer to Master P Companies. For Company C, what are the budgeted cash collections?

Master P Companies CASH BUDGET Company A Company B Company C Beginning cash balance P100 P300 P700 Cash collections ? 400 ? Cash disbursements 500 600 Cash excess (shortage) ? 400 Borrowing (repayments) 300 100 Ending cash 200 200 100 1. Refer to Master P Companies. For Company A, what are the budgeted cash collections? 2. Refer to Master P Companies. For Company B, what are the budgeted cash disbursements? 3. Refer to Master P Companies. For Company C, what are the budgeted cash collections?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Master P Companies CASH BUDGET Company A Company B Company C Beginning cash balance P100 P300 P700 Cash collections ? 400 ? Cash disbursements 500 ? 600 Cash excess (shortage) ? ? 400 Borrowing (repayments) 300 100 Ending cash 200 200 100 1. Refer to Master P Companies. For Company A, what are the budgeted cash collections? 2. Refer to Master P Companies. For Company B, what are the budgeted cash disbursements? 3. Refer to Master P Companies. For Company C, what are the budgeted cash collections?
Transcribed Image Text:Master P Companies CASH BUDGET Company A Company B Company C Beginning cash balance P100 P300 P700 Cash collections ? 400 ? Cash disbursements 500 ? 600 Cash excess (shortage) ? ? 400 Borrowing (repayments) 300 100 Ending cash 200 200 100 1. Refer to Master P Companies. For Company A, what are the budgeted cash collections? 2. Refer to Master P Companies. For Company B, what are the budgeted cash disbursements? 3. Refer to Master P Companies. For Company C, what are the budgeted cash collections?
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