Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budg must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budge Cash balance, September 1 (from a summer job) $6,300 Purchase season football tickets in September 90 Additional entertainment for each month 220 Pay fall semester tuition in September 3,400 Pay rent at the beginning of each month 300 Pay for food each month 170 400 Pay apartment deposit on September 2 (to be returned December 15) 780 Part-time job earnings each month (net of taxes) a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should i indicated with a minus sign. KATHERINE MALLOY Cash Budget For the Four Months Ending December 31 October November December September Estimated cash receipts from: 780V 780 V 780 Part-time job
Personal Budget At the beginning of the school year, Katherine Malloy decided to prepare a cash budget for the months of September, October, November, and December. The budg must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budge Cash balance, September 1 (from a summer job) $6,300 Purchase season football tickets in September 90 Additional entertainment for each month 220 Pay fall semester tuition in September 3,400 Pay rent at the beginning of each month 300 Pay for food each month 170 400 Pay apartment deposit on September 2 (to be returned December 15) 780 Part-time job earnings each month (net of taxes) a. Prepare a cash budget for September, October, November, and December. Enter all amounts as positive values except an overall cash decrease which should i indicated with a minus sign. KATHERINE MALLOY Cash Budget For the Four Months Ending December 31 October November December September Estimated cash receipts from: 780V 780 V 780 Part-time job
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 1E: At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of...
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