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 Mar 2,500,000.00 2,200,000.00 1,600,000.00 950,000.00 1,800,000.00 2,700,000.00 3,950,000.00 500,000.00 Apr 1,500,000.00 1,800,000.00 500,000.00 500,000.00 Using Excel spreadsheets, compute for the Net Cash Flow, Ending Cash Balance and Excess/Balance Required For January, February, March and April.
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 Mar 2,500,000.00 2,200,000.00 1,600,000.00 950,000.00 1,800,000.00 2,700,000.00 3,950,000.00 500,000.00 Apr 1,500,000.00 1,800,000.00 500,000.00 500,000.00 Using Excel spreadsheets, compute for the Net Cash Flow, Ending Cash Balance and Excess/Balance Required For January, February, March and April.
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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