Plz need fast without plagiarism Required information[The following information applies to the questions displayed below.]The following trial balance was drawn from the records of Havel Company as of October 1, year 2.CashAccounts receivableInventoryStore equipmentAccumulated depreciationAccounts payableLine of credit loanCommon stockRetained earningsTotalsCash Budget for OctoberCash availableLess: PaymentsRequired. Indicate whether Havel will need to borrow money during October by preparing October's Cash Budget.Note: Negative amounts should be indicated by a minus sign. Round your answers to the nearest whole dollar.Total budgeted paymentsCash surplus (shortage)Will Havel need to borrow money during October?$ 26,00080,00050,000400,0000$ 556,000$ 80,80082,000300,00070,00023, 200$ 556,000

A cash budget is a very important tool for the organization whether it is a big or small…

Required information [The following information applies to the questions displayed below.] The following trial balance was drawn from the records of Havel Company as of October 1, year 2. Cash Accounts receivable Inventory Store equipment Accumulated depreciation Accounts payable Line of credit loan Common stock Retained earnings Totals Cash Budget for October equired Indicate whether Havel will need to borrow money during October by preparing October's Cash Budget. ote: Negative amounts should be indicated by a minus sign. Round your answers to the nearest whole dollar. Cash available _ess: Payments Total budgeted payments Cash surplus (shortage) Will Havel need to borrow money during October? $ 26,000 80,000 50,000 400,000 0 $ 80,800 82,000 300,000 70,000 23,200 $ 556,000 $ 556,000